Ask Question
24 August, 22:07

Nina pays jonathan $ 500 to paint her garage. jonathan spends the $ 500 on food. nina pays jonathan $500 to paint her garage. jonathan spends the $500 on food. this scenario shows how money functions as a

+5
Answers (1)
  1. 24 August, 22:19
    0
    In the given scenario, this is an example of medium of exchange. Medium of exchange is being defined as a way of using intermediary instruments in means of having the sale to be facilitated or to be able for the both parties to trade or purchase goods.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Nina pays jonathan $ 500 to paint her garage. jonathan spends the $ 500 on food. nina pays jonathan $500 to paint her garage. jonathan ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers