How can money be distinguished from other financial assets?
A)Money is unique because it is acceptable as a means of payment.
B)Money is illiquid.
C)Money can never lose value in real terms.
D)Money pays no interest and other financial assets do.

Question

Quizplus · Accepted Answer

Money is distinguished from other financial assets because it is widely accepted as a means of payment, making it a medium of exchange. This means that people are willing to accept it in exchange for goods and services, which cannot be said for other financial assets such as stocks, bonds, or derivatives.

How Can Money Be Distinguished from Other Financial Assets