Money is a medium of exchange in that
A)money is generally accepted for buying and selling goods and services.
B)currency may be exchanged for gold at any national bank.
C)other assets may be better or worse in facilitating exchange than money.
D)it must maintain most of its value over time

Question

Quizplus · Accepted Answer

Money is a medium of exchange because it is generally accepted for buying and selling goods and services. Without this acceptance, money would not be able to effectively facilitate transactions between individuals or businesses.

Money Is a Medium of Exchange in That