Medium of exchange is one of the ___________ function of money.

primary

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secondary

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contingent

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additional

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Solution

The correct option is A primary
Money refers to a common medium of exchange that is issued under the law of government and acts as a legal tender for the whole country. The primary function of money is that money serves as a common medium of exchange where money is considered as a mode of exchanging goods. This function of money solved the main problem of barter system which was double coincidence of wants.

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