money as a medium of exchange explain
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Money is a medium exchange because buyers and sellers agree to its common value. ... Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.
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Answer : Money helps to facilitate trade. Money is a medium exchange because buyers and sellers agree to its common value. Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.
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