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      Question

      Why is currency accepted as a medium of

      exchange?
      A Because the currency is authorised by the government of the country. Correct Answer Incorrect Answer
      B Because it is liked by the people who use it. Correct Answer Incorrect Answer
      C Because the use of currency has its origin in ancient times. Correct Answer Incorrect Answer
      D Because the currency is authorised by the World Bank. Correct Answer Incorrect Answer
      E Because metal is costly Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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