what is crucial intermediate step
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It seems that you are asking the question and the context of chapter "money and credit" . Money is regarded as crucial intermediate step in transaction and exchange as it act as a medium of exchange ,there by , eliminating the problem of double coincidence of wants as "BARTER SYSTEM"
It seems that you are asking the question and the context of chapter "money and credit" . Money is regarded as crucial intermediate step in transaction and exchange as it act as a medium of exchange ,there by , eliminating the problem of double coincidence of wants as "BARTER SYSTEM"
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