An advantage that money has over other assets is that it:
A) increases in value over time.
B) has lower transaction costs to use as a means of payment than other assets.
C) provides a higher return to the owner.
D) is a safer asset to hold during times of inflation.

Question

Quizplus · Accepted Answer

Money, being a widely accepted medium of exchange, has lower transaction costs compared to other assets such as gold. This makes it a more convenient and efficient means of payment.

An Advantage That Money Has Over Other Assets Is That