If Every Person Is Willing to Accept Money in Payment

question 7

Multiple Choice

If every person is willing to accept money in payment, rather than goods and services, money serves as a:

• A) medium of exchange.
• B) unit of account.
• C) store of value.
• D) coincident exchange.

---

Definitions:

Perfectionism

A personality trait characterized by a person's striving for flawlessness and setting excessively high performance standards.

Rumination

The compulsive focused attention on the symptoms of one's distress, and on its possible causes and consequences, as opposed to its solutions.

Ideas of Persecution

Thoughts or beliefs that one is being wronged, targeted, or persecuted unfairly, often without evidence and typically seen in various psychiatric conditions.

Self-actualization Drives

A psychological concept referring to the intrinsic drive within individuals to realize and fulfill their highest potential and capabilities.