The fact that money can be exchanged for goods reflects moneyʹs role as a

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Money's ability to be exchanged for goods and services is the defining characteristic of its role as a medium of exchange. A medium of exchange is a function of money that allows it to be used as a intermediary to facilitate transactions between buyers and sellers. Money serves as an accepted form of payment for goods and services because it is widely recognized and accepted as a medium of exchange.

The Fact That Money Can Be Exchanged for Goods Reflects