Money functions as a medium of exchange by eliminating the need for a coincidence of wants.

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Gurung Bishan · Accepted Answer

Final Answer : True, Explanation :  Money serves as a common medium of exchange that eliminates the need for barter, where two parties must have goods or services that the other desires. Money provides a widely accepted unit of account that facilitates transactions, making it easier to buy and sell goods and services.

Money functions as a medium of exchange by eliminating the need for a coincidence of wants.

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