Money is
A) the reason for all transactions.
B) a medium of exchange.
C) the purpose of our economy.
D) a medium of consumption.
E) a measure of propensity to consume.

Question

Quizplus · Accepted Answer

Money is primarily a medium of exchange, allowing people to facilitate transactions and trade goods and services. While money does play a crucial role in the economy, it is not the sole purpose or reason for all transactions. Money can also be saved or invested, making it a medium of value or store of wealth, but its primary function is as a medium of exchange.

Money Is