Multiple Choice
Whatever a society uses as money,the distinguishing characteristic is that it must
A) be completely inflation proof.
B) be generally acceptable as payment for goods and services or in the repayment of debt.
C) contain gold.
D) be produced by the government.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q79: Because it is a unit of account,money<br>A)increases
Q80: Which of the following is NOT a
Q81: Small-denomination time deposits refer to certificates of
Q82: If peanuts serve as a medium of
Q83: A smart card is the equivalent of<br>A)cash.<br>B)savings
Q85: If an individual moves money from a
Q86: Which of the following is included in
Q87: Which of the following is a TRUE
Q88: The conversion of a barter economy to
Q89: When there are many goods in a