Which statement about money is most correct?
A)Money is a new invention and only includes dollar bills and coins.
B)Money is a new invention and can include anything that is accepted as a means of payment.
C)Money has been around for a long time and can include anything that is accepted as a means of payment.
D)Money has been around for a long time and only includes dollar bills and coins.
E)Money has been around for a long time and only includes checking and savings accounts.

Question

Quizplus · Accepted Answer

Money has been used in various forms throughout history, such as shells, beads, livestock, and precious metals. It is anything that can be traded for goods and services and is accepted as a means of payment. Dollar bills and coins are just one form of modern currency, and checking and savings accounts are just digital representations of money.

Which Statement About Money Is Most Correct