Question

why money is considered as medium of exchange?

Answer 1

Function. Money actually serves several different key functions in our economy. It is a medium of exchange, a unit of account, and a store of value. ... Money helps to facilitate trade because people in the economy generally recognize it as valuable....
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Answer 2

IT IS A MEDIUM OF EXCHANGE , a unit of account, and a store of of value.. money helps to facilities trade because people in the economy generally recognize it as a valuable..
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