Single Minute Exchange of Dies, SMED International and Small/Medium Enterprise Development
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.
commodity money is a good that can be used as a medium of exchange or for some other purpose
The most important requirement for money to be medium of exchange is the value of money.
A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.
temperature,medium and density
The letters SMED can stand for a number of things. Some examples include Single Minute Exchange of Dies, SMED International and Small/Medium Enterprise Development.
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.
commodity money is a good that can be used as a medium of exchange or for some other purpose
The most important requirement for money to be medium of exchange is the value of money.
There are some factors. Examples are temperature,medium and density.
CURRENCY
CURRENCY
SALLTT
A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.