Which of the following statements is most correct?
A) Money is wealth but not all wealth is money.
B) Money is a means of payment but is not part of wealth.
C) In order to be considered part of a person's wealth, an asset must have a positive return.
D) Wealth is a store of value and a means of payment.

Question

Quizplus · Accepted Answer

Money is a form of wealth, but wealth includes other assets such as real estate, stocks, and bonds. These assets may not be in the form of money, but they still contribute to a person's overall wealth. Therefore, not all wealth is money, but money is a form of wealth.

Which of the Following Statements Is Most Correct