Economy, asked by SimranPanda, 1 year ago

why money is called as the medium of exchange?​

Answers

Answered by Anonymous
2
  • Hey there... Here’s the answer for your question... *Money is called Medium of exchange becoz we can buy anything with the help of money. *it also provide facility to exchange anything with the money *Money has also removed barter system and double coincidence of wants.
Answered by AnkitSinghthakur
1

Answer:

Money is used for the exchange of commodities and buying service in exchange of commodities and services money play an important role.

Explanation:

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