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Which of the Following Statements Is NOT True About Money

Question 85

Multiple Choice

Which of the following statements is NOT true about money?


A) Anything that serves as a medium of exchange, as a unit of accounting, as a store of value, and as a standard of deferred payment can be called money.
B) Money is any medium that is universally accepted by sellers and creditors.
C) Money is a standard of deferred payment.
D) Money can only be coins and paper.

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