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What is money ? Why is …

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What is money ? Why is modern money currency accepted as a medium of exchange ?
  • 1 answers

Yogita Ingle 6 years ago

Money is the modern form of currency that is accepted as the medium of exchange in countries.
Modern currency is accepted as a medium of exchange because:-
(1) It is authorised by the Government of the Country.
(2)No individual legally can refuse a payment made in the Country's money format.

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