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In Economics, Money Is Defined as

Question 36

Multiple Choice

In economics, money is defined as


A) the total value of one's assets in current prices.
B) the total value of one's assets minus the total value of one's debts, in current prices.
C) the total amount of salary, interest, and rental income earned during a year.
D) any asset people generally accept in exchange for goods and services.
E) the total of physical currency held by banks.

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