The objects that we use as money today are
A)currency and cheques.
B)deposits and cheques.
C)currency,deposits and gold.
D)currency and deposits.
E)cheques and credit cards.

Question

Quizplus · Accepted Answer

Currency and deposits are the primary objects used as money today. While cheques and credit cards can be used for payments, they rely on currency and deposits as the underlying medium of exchange. Gold may have been used as money historically, but it is not commonly used as a medium of exchange in modern economies.

The Objects That We Use as Money Today Are