Economists use the word "money" to refer to
A)income generated by the production of goods and services.
B)those assets regularly used to buy goods and services.
C)fianncial assets such as stocks and bonds.
D)any type of wealth.

Question

Quizplus · Accepted Answer

Economists use the word "money" to refer to assets that are regularly used to buy goods and services, such as cash, bank deposits, and other forms of electronic currency. While income, financial assets, and other types of wealth can be converted into money, they are not the same thing as money itself.

Economists Use the Word "Money" to Refer to