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Why money is called medium of …

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Why money is called medium of exchange!

Posted by Puran Niroula 7 years ago

CBSE > Class 10 > Social Science

2 answers

#Ãbhîst Sîñgh 7 years 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.

2Thank You

Drashti Vaish 7 years ago

Money is called medium of exchange as it is something which is used for transactions.... Hope this answer will help u... Gud luck!

4Thank You

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CBSE > Class 10 > Social Science