Money is accepted as a medium of exchange because the currency is authorised by private sector.
a.true
b. false
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Explanation:
Before money, barter system was present in the society, Modern money currency is accepted as a medium of exchange because: 1. The currency is authorized for exchange by the government of the country. ... In India, the Reserve Bank of India authorizes currency notes and it's illegal for anyone else to issue notes.
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Answer:
false I hope this right answer but I'm not sure
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