Which of the following is an example of money?
A)currency in your wallet
B)currency inside the banks
C)checks written as payment for a good or service
D)credit card used as a payment for a good or service
E)a debit card

Question

Quizplus · Accepted Answer

Currency in your wallet is a physical representation of money that can be used as a medium of exchange for goods and services. Currency inside banks is just a record of how much money you have deposited, but it is not actual money until it is withdrawn. Checks and credit/debit cards are simply a means of accessing your money, but they are not money themselves.

Which of the Following Is an Example of Money