10th Class Social Science Money and Credit Question Bank Short Answer Type - Money and Credit

  • question_answer How money serves as a medium of exchange?


    Money as the Medium of Exchange.
    People exchange goods and services through the medium of money. Money acts as a medium of exchange or medium of payments. A person holding money can easily exchange it for any commodity or service that he might want. It acts as an intermediary in the process of exchange. 


You need to login to perform this action.
You will be redirected in 3 sec spinner