A 'good' is more likely to be adopted as money in an economy if:

Name: A 'good' is more likely to be adopted as money in an economy if:
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Question

Quizplus · Accepted Answer

For a good to be adopted as money in an economy, it needs to be widely accepted by its citizens as a means of payment for transactions and debts. If a good is not accepted by the majority of people, it would not be a practical option for use as a medium of exchange. Hence, Choice D is the most appropriate option among the given choices.

A 'Good' Is More Likely to Be Adopted as Money