Money is
A) an asset that is widely accepted as a means of payment in the economy
B) any asset that is convertible into cash
C) an asset that is backed by a precious metal such as gold or silver
D) any financial asset created and issued by government
E) anything used to pay for goods and services,including currency,checks,and credit cards
Correct Answer:
Verified
Q31: Which of the following is the proper
Q32: Which of the following is the most
Q33: Money is the means of payment in
Q34: The most liquid asset(s)of all is (are)
A)
Q35: All cash within the geographical boundaries of
Q37: Cash in a commercial bank's vault is
Q38: Which of the following is the most
Q39: Which of the following is counted as
Q40: The standard definition of money is
A) currency
Q41: If this balance sheet depicts the only
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