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money is called a medium of exchange because it acts as an intermediate in exchange of commodities

Q: Why is money called a medium of exchange?

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money is called a medium of exchange because it acts as an intermediate in exchange of commodities

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money is called a medium of exchange because it acts as an intermediate in exchange of commodities

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Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.

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Single Minute Exchange of Dies, SMED International and Small/Medium Enterprise Development

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The most important requirement for money to be medium of exchange is the value of money.

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