Among all assets,only money can be a
A)unit of account.
B)store of value.
C)medium of exchange.
D)a way of amassing wealth.

Question

Quizplus · Accepted Answer

Money is uniquely characterized as a medium of exchange in the economy, facilitating transactions between buyers and sellers. Other assets can serve as a store of value, a unit of account, and a way of amassing wealth, but only money is universally accepted as a medium of exchange.

Among All Assets,only Money Can Be a