Anything people generally accept in exchange for goods and services is defined as
A)a person's net worth.
B)money
C)a byproduct of a barter economy.
D)barter.

Question

Quizplus · Accepted Answer

Money is the universally accepted medium of exchange for goods and services. While bartering and exchanging goods and services directly without the use of money still occurs, it is not as common as the use of traditional currencies as a means of transaction. A person's net worth is their assets minus liabilities and is not the same as a medium of exchange.

Anything People Generally Accept in Exchange for Goods and Services