The major consideration of whether something can serve as money is that it must be

Name: The major consideration of whether something can serve as money is that it must be
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The most important consideration for something to serve as money is that it is acceptable as a means of payment. Without universal acceptance, it is not possible to use it as money. Other factors, such as being redeemable in precious metals or freely available, are helpful but not necessary. Therefore, choice E is the best answer.

The Major Consideration of Whether Something Can Serve as Money