Money is not an economic resource because
A) money, as such, does not produce anything.
B) idle money balances do not earn interest income.
C) it is not scarce.
D) money is not a free gift of nature.

Question

Quizplus · Accepted Answer

Money cannot produce goods and services on its own, so it is not considered an economic resource. It is simply a medium of exchange used to facilitate transactions.

Money Is Not an Economic Resource Because