how money is a medium of exchange
Answers
Answered by
2
Answer:
A medium of exchange is something that buyers will exchange with a seller when they want to purchase goods or services from the seller. While many things could be used as a medium of exchange in an economy, money is the most common and useful medium of exchange in our society.
Answered by
2
Answer:
Explanation:
as we can sell or buy the things/goods with the help of money it can be said as medium of exchange
ex want icecream then give money to buy it,then the icecream man will exchange his goods[icecream] with you
Similar questions