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    5. Why is currency accepted as a medium of exchange?

    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

    Practice Next
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