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Loraine Loraine
wrote...
Posts: 4563
8 years ago
Money is any commodity or token that
A) is generally accepted as a means of payment.
B) is backed up and controlled by the government.
C) is naturally accepted by households to accumulate wealth.
D) does not change in value over time.
E) is backed by gold.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 181 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
My pleasure Happy Dummy
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