Economy, asked by sdassamanta1, 11 months ago

What is money? in economics

Answers

Answered by harshita92091

2

Answer:

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

Answered by vanajaselva2015

1

Money is the means of paying for something or buying something.Money is generally accepted as payment for goods and services.

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