While money is an asset not all assets are money because:
A) only money stores value.
B) money works as a means of payment.
C) only money is a good asset to hold during times of inflation.
D) money must be legal tender.

Question

Quizplus · Accepted Answer

While money can be an asset, not all assets are money because money has a particular function as a means of payment. Other assets, like stocks or real estate, may hold value but do not serve the same purpose as money in facilitating transactions.

While Money Is an Asset Not All Assets Are Money