Join Sarthaks eConnect Today - Largest Online Education Community!
Sarthaks.club
0 votes
219 views
asked in Social Science by (22.6k points)

Why is money called a medium of exchange?

1 Answer

+1 vote
answered by (45k points)
selected by
 
Best answer

Money acts as an intermediate in the exchange process.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

One Thought Forever

“There is a close connection between getting up in the world and getting up in the morning.“
– Anon
~~~*****~~~

Categories

...