Representative money is money that consists of token coins, paper money or other physical tokens such as certificates, that can be reliably exchanged for a fixed quantity of a commodity such as gold or silver. Oct 1, 2025explore how money functions as a medium of exchange, its essential properties, types including fiat and cryptocurrencies, and its role in the economy. Money, a commodity accepted by general consent as a medium of economic exchange.
Money is a medium of exchange for various goods and services in an economy. The money system varies with the governments and countries. Jan 20, 2026read top headlines and breaking news today in india about money on financialexpress.com.
Money is an object used as a medium of exchange between two parties. This type of money is the name of the currency of a country by which the account. Money is measured as the money supply, which refers to the total amount of monetary assets available in an economy at a specific time.
It includes various forms of money, such as cash, coins, and. Money refers to any verifiable record that is accepted as a medium of exchange for payment of goods and services and repayment of debts in a specific country.
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