The attribute that distinguishes money from other assets is that only money
A)retains its value during times of inflation.
B)is counted in determining the size of an individual's wealth.
C)serves as a medium of exchange.
D)may be used as collateral for a bank loan.

Question

Quizplus · Accepted Answer

Money serves as a medium of exchange, meaning it is widely accepted as a method of payment for goods and services. Other assets, such as property or stocks, may hold value but cannot be easily exchanged for goods and services in the same way that money can.

The Attribute That Distinguishes Money from Other Assets Is That