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Is 1 million Australian dollar exist or can be used as medium of exchange?
GianCarloEjares
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Why us dollar is the medium of exchange?
The American Dollar is one of the most commonly used currencies and hence it is a preferred medium of exchanges for parties who do not share the same currency.
What would 1 million in 2000 be worth today?
depends on what form of currency or gold or medium of exchange in 2000 and now/Gold much more than the dollar or Enron stock.
Why is money called a medium of exchange?
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
Why money is called medium of exchange?
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
Why money serves as a medium of exchange?
Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.
What is some examples of medium of exchange?
Single Minute Exchange of Dies, SMED International and Small/Medium Enterprise Development
What is the most important requirement for money to be a medium of exchange?
The most important requirement for money to be medium of exchange is the value of money.
What circulates as a medium of exchange?
CURRENCY
Circulated as a medium of exchange?
CURRENCY
What was the Mayans medium of exchange?
SALLTT
A system involves the direct exchange of goods and services without the use of money as a medium of exchange?
A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.
In modern economies what is the medium of exchange?
Money!
