To Say Money Is Socially Defined Means That

question 104

Multiple Choice

To say money is socially defined means that

• A)money has been defined in a Constitutional amendment.
• B)whatever performs the functions of money extremely well is considered to be money.
• C)the money supply includes all public and private securities purchased by society.
• D)society, acting through Congress, specifies what shall be included in the money supply.

---

Definitions:

Direct Approach

A communication method where the main point or request is presented at the beginning, followed by supporting details.

Moral Responsibility

The obligation to act righteously and to adhere to moral principles in one's actions.

Fair Play

Ethical behavior and impartial treatment in all aspects of activities, particularly in sports, ensuring no advantage is given to any party beyond what is gained through skill or ability.

Appropriate Resolution

The optimal level of detail and clarity in an image or display, tailored to the specific requirements of a project or device.