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

Question

Quizplus · Accepted Answer

Money does not have to be composed of coins and paper; digital currencies are an example. Its value is not necessarily tied to its age but to economic factors. The double coincidence of wants is related to barter systems, not money. The correct definition of money is a commodity or item accepted by general consensus as a medium of exchange, which is what option D states.