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What money is called medium of exchange??

Answer» Haan....and thanku mera name shi lene ke liye??
Anushika pg.no bhi sbka yd h kya????
Bcoz it helps to fulfill our basic requirements.Also , there is no need of double coincidence.
People exchange goods and services through the medium of money. A person holding money can easily exchange it for any commodity or service that they might want.
Page no.40....left side last 2nd para of economics
Because every one accept money..ot is better than bartter system


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