Question

Why modern form of currency expecte as medium for excjange?

Answer 1

Heya...

Modern form of money is....

Currency..
E payment
Plastic money
Paper notes ....... etc...

These are accepted because....

"" They are easily to store and keep in transactions...

"" Authorized by government...

"" Measures the definite value of any commodity....

"" Serves as alternate and fast medium of exchange..

-- Be Brainly....

Answer 2

Money is the medium of exchangeused for exchanging goods, commodities or properties. Beforemoney, barter system was present in the society, Modern money currency is accepted as a medium of exchange because: 1. The currency is authorized for exchange by the government of the country.