Which Statement Is NOT Considered One of the Three Chief

question 123

Multiple Choice

Which statement is NOT considered one of the three chief characteristics of money?

• A) It serves as a medium of exchange.
• B) It acts as a store of value.
• C) It is a highly illiquid asset.
• D) It is a unit of account.

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Definitions:

Adaptation

The process through which individuals, species, or organizations adjust and change in response to new conditions or challenges.

Mourning

The process of expressing grief and adapting to loss, typically associated with the death of a loved one but can also relate to other significant losses.

Networked Workstations

A collection of computers interconnected via a communication network, enabling users to work collaboratively or access shared resources.

Groupware

Software designed to enable multiple users to collaborate and share information electronically in a flexible, interactive environment.