Money Is Commonly Defined as

question 81

Multiple Choice

Money is commonly defined as

• A)a generally accepted medium of exchange.
• B)gold.
• C)foreign-exchange reserves.
• D)paper currency.
• E)the Canadian dollar.

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Definitions:

Coal

A flammable black or dark brown sedimentary rock primarily utilized for energy production.

Iron Ore

A naturally occurring mineral from which iron (Fe) is extracted to make steel and various other products.

Wildlife

Wild animals collectively; the native flora and fauna in a particular region not domesticated or cultivated by humans.

Mining Firm's Output

The total amount of minerals or resources produced by a mining company within a specific time period.