Question

what is money. define it!​

Answer 1

Answer:

a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.

Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Money provides the service of reducing transaction cost, namely the double coincidence of wants. Money originates in the form of a commodity, having a physical property to be adopted by market participants as a medium of exchange. Money can be: market-determined, officially issued legal tender or fiat moneys, money substitutes and fiduciary media, and electronic cryptocurrencies.

Explanation:

Answer 2

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Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions

money is actually amrit here on earth nothing is possible without money we cannot buy clothes ,food and etc

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