While Money Is an Asset Not All Assets Are Money

question 71

Multiple Choice

While money is an asset not all assets are money because:

• A) only money stores value.
• B) money works as a means of payment.
• C) only money is a good asset to hold during times of inflation.
• D) money must be legal tender.

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Definitions:

Marginal Utility

The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.

Breast Milk

The milk produced by human breasts or mammary glands, specifically designed to feed babies and infants, containing essential nutrients for development.

Demand Curve

A visual chart that illustrates how the demand for a product or service, as indicated by the quantity consumers are willing to purchase, varies with price changes over a specific timeframe.

Life Threatening Disease

A severe health condition that has a high probability of causing death.