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Q: Which best describe why money is an effective medium of change?
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What is money and baking?

generally, Money is the medium of exchange of goods and service in an effective way


Which of these best describes why money is an effective medium of exchange?

Nearly everyone will accept money as payment.


What are two analogies to describe quantized change?

money and a staircase


A change is the money supply will change investment when?

Monetary policy will never be effective if interest rates: not respond to a change in the money supply, and investment spending does not respond to changes in the interest rate.


What is Remittance Department?

it is recognize as transfer or sending money for long distance from sender to benificary through the medium callled remittance which is faster, effective and convinent. thank you


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 gives fiat money its value as a medium of exchange?

Laws set by the government give Fiat money its value as a medium of exchange. Unlike traditional money or currency, it has no good which act as a medium to back it up.


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


Is medium a means of conveying information?

If you mean a medium, as in the supernatural, then no. Though a medium is a good medium for relieving the gullible of their money.


Which of the following conclusions can be reached based on the information in the reading passagesPresident Grant did not believe a change of currency was an urgent matter?

President Grant did not support the use of paper money as a medium of exchange.


In modern economies what is the medium of exchange?

Money!