Question

why is money called the medium of exchange who supervises the functioning of formal sources of loan​

Answer 1

Answer:

Because money acts as an intermediate in the process of exchange.

Explanation:

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Answer 2

Answer:

Money is called a medium of exchange because it acts as an intermediary in the exchange process of different goods and services. Money is called the medium of exchange as it is something which is used for transactions. It is money which is used by people to get the commodity of their choice.

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