Which of the following is considered to be money?

Question

Quizplus · Accepted Answer

Checkable bank deposits can be easily used as a medium of exchange, a unit of account, and a store of value, which are the three key functions of money. Stocks and bonds are financial assets that can have different values and cannot be readily used for transactions. Credit cards are a means to access credit, which can be used to purchase goods and services, but they themselves are not considered money.

Which of the Following Is Considered to Be Money