Money is:

Question

Money is:

Quizplus · Accepted Answer

Money is commonly defined as anything that is generally acceptable as a medium of exchange, a measure of value or a means of payment, and is commonly used in a specific geographic or economic context. This includes physical currency in the form of paper notes and coins, as well as electronic transactions. While some forms of money, such as gold or silver coins, may be backed by precious metals, this is not a requirement for something to be considered money. Therefore, choice C is the best answer.

Money Is