Money is
A: anything that is generally accepted in payment for goods and services or in the repayment of debt.
B: frequently—but incorrectly—used synonymously with wealth.
C: paper money, coins, and checks.
D: all of the above
A: anything that is generally accepted in payment for goods and services or in the repayment of debt.
B: frequently—but incorrectly—used synonymously with wealth.
C: paper money, coins, and checks.
D: all of the above
举一反三
- Money is a measurement for value of goods and services、
- Which of the following is one of the most important benefits of money in an economy? A: a. Money allows for the exchange of goods and services. B: b. Money allows for the accumulation of wealth. C: c. Money makes exchange easier, leading to more specialization and higher productivity. D: d. Money encourages people to produce all of their own goods (self-sufficiency) and therefore increases economic stability.
- Product is composed of ___________, ___________, or ______________. A: goods B: services C: ideas D: money
- Which of the following is currency? A: Renminbi B: Paper money and coins C: U.S. dollar D: Credit card
- Inflation occurs when: （ ） A: the stock of goods and services increases and the quantity of money in circulation decreases. B: the money supply decreases and the output increases. C: output increases faster than the money supply. D: the quantity of money in circulation rises faster than the stock of goods and services.