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Because it is a more efficient means of exchange than bartering.
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
no it is not because u can pick up and carry an exchange such as new money for old money the new money can be the exchange for the old money
no it is not because u can pick up and carry an exchange such as new money for old money the new money can be the exchange for the old money
Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.
Money is a convenient tool for exchange, making it useful to people.
A purse is a sum of money available to the winner of a contest or event.A purse is a sum of money available to the winner of a contest or event.A purse is a sum of money available to the winner of a contest or event.A purse is a sum of money available to the winner of a contest or event.
no it is not because you cannot exchange your money for gold at your bank
Money is important because it helps in exchange of goods and services,payment of checks etc.
Money is useful to people because it is a convenient tool for exchange and paying for goods and services.
No one is a loser because if you don't win any money you still receive the amount of a thousand dollars before the winner goes to play the bonus round. If you have won money and are not the winner you keep what you have won. The winner keeps what he has won and has a chance to earn more by solving the bonus puzzle.