Money is:

Name: Money is:
Brand: Quizplus
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Question

Money is:

Quizplus · Accepted Answer

Money is not valuable because it is backed by gold since most countries do not use the gold standard anymore. It is also not limited to items used in barter as modern money has replaced barter in most societies. Money can also be a liquid asset as it can be used to make purchases and can easily be converted into other forms of currency. Therefore, the correct answer is none of the above.

Money Is