Money is

Name: Money is
Brand: Quizplus
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Question

Money is

Quizplus · Accepted Answer

Money is any asset widely accepted as a means of payment. While some assets may have intrinsic value like gold, they may not be as widely accepted as a means of payment compared to currency issued by a government or other widely recognized entities. Similarly, while some assets may be easily convertible into cash, they may not be widely accepted as a means of payment. Money facilitates exchange and acts as a store of value.

Money Is