Which of the following is an example of money serving as a medium of exchange?
A)Richard puts money into a piggy bank.
B)Ellen deposits cash into a money market account.
C)Sean puts a new $20 bill into his currency collection.
D)Marian buys a carbo-loaded drink before a marathon.

Question

Quizplus · Accepted Answer

When Marian buys a carbo-loaded drink before a marathon, she is using money to exchange for the goods (the drink). This exemplifies money serving as a medium of exchange. A, B, and C do not involve using money as a medium of exchange.

Which of the Following Is an Example of Money Serving