Anything that is generally acceptable in trading for goods and services is a
A) medium of exchange.
B) capital good.
C) store of value.
D) resource.

Question

Quizplus · Accepted Answer

A medium of exchange is something that is widely accepted in exchange for goods and services. This could include currency, electronic payment methods, or even bartering with goods or services. The other options, capital good, store of value, and resource, are not necessarily applicable to this concept of a widely accepted means of payment.

Anything That Is Generally Acceptable in Trading for Goods and Services