Which of the Following Statements About Money Is Not True

question 17

Multiple Choice

Which of the following statements about money is not true?

• A) A debit card is not really money because it is only a means of transferring money between accounts.
• B) All the wealth that people hold, in whatever form, should be considered as money.
• C) Wealth held in the current account you hold with your bank is almost as convenient for buying things as wealth held in your wallet, so the wealth in current accounts should be included in measures of money.
• D) In a complex economy it is not easy to draw a clear dividing line between assets that should be considered as money and those that should not.

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Definitions:

Dopamine

A neurotransmitter that plays a key role in motivation, pleasure, and reward in the brain.

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The unique and enduring bond between a caregiver and their offspring that is vital to the developmental process of the child.

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A developmental stage from approximately 6 to 12 years of age, characterized by significant growth in cognitive, social, and physical abilities.

Direct Feedback

Immediate and clear response or information given back to an individual or system about the output or performance, enhancing learning or corrective actions.