Economy, asked by oOBrightestStarOo, 1 month ago

what is meant by medium of exchange..?​

Answers

Answered by atharafreen00
3

Answer:

A medium of exchange is an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties. ... In modern economies, the medium of exchange is currency.

Answered by madhumani9
3

Answer:

A medium of exchange is an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties. ... In modern economies, the medium of exchange is currency.

Explanation:

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