For something to serve as ________,it must be generally accepted by buyers and sellers.
A)banking authority
B)money
C)light,durable,and common
D)gold

Question

Quizplus · Accepted Answer

The concept described in the question is that of money, which needs to be generally accepted by buyers and sellers. Option A is not a definitive requirement for something to serve as money (although it is often the case that money is regulated by a banking authority). Option C describes some characteristics that may make certain things good candidates for money, but they are not definitive requirements. Option D is not necessarily a requirement for something to serve as money, although historically gold has been used as a form of money.

For Something to Serve as ________,It Must Be Generally Accepted