Money .
A) loses its value as it becomes older
B) requires a double coincidence of wants
C) is any commodity that is generally acceptable as a means of payment
D) is always composed of coins and paper

Question

Quizplus · Accepted Answer

Money is any commodity that is generally acceptable as a means of payment. It can be in the form of coins, paper, or even digital currency. Option A is incorrect as money's value may appreciate or depreciate over time depending on various factors such as inflation or deflation. Option B refers to the barter system, which preceded the use of money. Option D is also incorrect as money can take various forms, including paper and coins, but it is not limited to these forms.