Money is not considered to be an economic resource because:
A)money, as such, is not productive.
B)idle money balances do not earn interest income.
C)the terms of trade can be determined in non-monetary terms.
D)money is a free gift of nature.

Question

Quizplus · Accepted Answer

Money itself is not productive, but it is a means of exchange for economic resources that are productive, such as labor and capital. Therefore, money is not considered to be an economic resource.

Money Is Not Considered to Be an Economic Resource Because