An advantage that money has over other assets is that it:
A) Increases in value over time
B) Has lower transaction costs to use as a means of payment than other assets
C) Provides a higher return to the owner
D) Is a safer asset to hold during times of inflation

Question

Quizplus · Accepted Answer

Money is generally accepted as a means of payment and has lower transaction costs compared to other assets. For example, it is easier to buy goods and services using cash compared to bartering with goods or services of equal value.

An Advantage That Money Has Over Other Assets Is That