No products in the cart.

Why money is called medium of …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Why money is called medium of exchange!
  • 2 answers

#Ãbhîst Sîñgh 6 years, 9 months ago

Money is the most liquid asset because it is universally recognised and accepted as the common currency. In this way, money gives consumers the freedom to trade goods and services easily without having to barter.

Drashti Vaish 6 years, 9 months ago

Money is called medium of exchange as it is something which is used for transactions.... Hope this answer will help u... Gud luck!
http://mycbseguide.com/examin8/

Related Questions

Describe the silesian weavers uprising
  • 0 answers
Define Deccan plateau briefly
  • 0 answers
Explain the process of unification of Germany
  • 1 answers
What was zollverein formed
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App