Generally, the medium of exchange is called money. Money is a universally accepted medium of exchange for the purchase and sale of goods and services, as well as the completion of all types of transactions. So it can be said that the thing acceptable to all as a medium of exchange and a means of settling debts, and which acts as a measure of value and a vehicle of accumulation, is called money. Money is known by different names in different countries. For example, the Taka in Bangladesh, the Yen…
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