Question

Q.6 Anything which is generally accepted by as a medium of exchange.
Overtime function of money have expanded .Beside Serving as a medium of
exchange ,money is used as a store of value as well as as transfer of value while
Barter system of exchange is a system in which good are exchanged for good.
a) C for C means ?​

Answer 1

Answer:

D

Explanation:

Money helps to facilitate trade because people in the economy generally recognize it as valuable. Money is called medium of exchange because money is a widely accepted token that can be used for exchange of any good or service. In old days, barter system was used as medium of exchange and later it was gold.