In order to help her budget her money, Coraline separates her money into different checking accounts for different expenses. One month, she receives a notice from her bank that her "rent" account is at a zero balance. Even though she has money in her other checking accounts, she decides to ask her mother for a loan to pay her rent. Which of the following does this exemplify?

Question

Quizplus · Accepted Answer

Coraline's decision to ask for a loan instead of using money from her other accounts to pay her rent demonstrates that she is treating her money as if it were not fungible. This means she sees the money in each account as having a specific purpose and not interchangeable, even though money is inherently fungible.

In Order to Help Her Budget Her Money, Coraline Separates