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Money is medium of exchange? why

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Money is medium of exchange? why
  • 2 answers

Kapil Rao Shab 4 years, 2 months ago

Because it is authorized by RBI and nobody can refuse to take

Saurav Kumar 4 years, 2 months ago

Money is a medium of exchange because buyers and sellers agree to its common value. Money can lose it value during periods of hyperinflation, when too much money is dumped into an economy.
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