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A medium of exchange is __ *
a. the ability of money to command purchasing power in the future.
b. something that is generally acceptable in exchange for goods and services.
c. a legally recognized asset that is generally accepted in exchange for goods and services.
d. something that circulates and provides a standardized means of evaluating the relative price of goods and services.


Sagot :

Answer:

B.

Explanation:

medium of exchange is any item that is widely acceptable in exchange for goods and services.