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A shopper hands over notes rather than swapping goods directly. Money is working here as a:
AMedium of exchange
BMethod of taxation
CMeasure of weight
DMark of ownership
Answer & Solution
Correct answer: A. Medium of exchange
1. It sits between buyer and seller.
2. No goods are swapped directly.
3. It is a medium of exchange.
_Source: OpenStax Principles of Economics 3e, Chapter 27, Money and Banking._
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