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16 May, 03:29

Money can be easily converted into goods or services. This is an example of which "function of money

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  1. 16 May, 03:35
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    A Medium of Exchange.
  2. 16 May, 03:46
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    Answer: Money is a medium of exchange

    Explanation: The basic function and purpose of money is to serve as an exchange for the acquisition of material goods and services. Thus, depending on the value of a particular currency, it can be converted for goods and services, which depends on the economic power of the country. Money as an exchange medium can be in the form of coins and banknotes.
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