The transactions approach to measuring money relies on the role of money primarily as a

Question

Quizplus · Accepted Answer

The transactions approach to measuring money emphasizes the role of money as a medium of exchange. This approach defines money in terms of the goods and services it can buy, rather than based on its physical characteristics or store of value properties. Therefore, choice A is the correct answer. Of course, money also serves other functions, such as a unit of account, a store of value, and a standard of deferred payment, but they are not the primary focus of the transactions approach.

The Transactions Approach to Measuring Money Relies on the Role