Which of These Signifies the Role of Money in an Economy

question 141

Multiple Choice

Which of these signifies the role of money in an economy?

• A) It acts as a tool for poverty alleviation in the economy.
• B) It serves as a medium of exchange in the economy.
• C) It indicates the economic wellbeing of a nation.
• D) It helps differentiate between the nominal and real income of a nation.
• E) It is a clear indicator of the growth in national income.

---

Definitions:

Jury Trial

A legal proceeding where a group of people (the jury) makes a decision or finds facts in a case.

Enabling Legislation

A statute enacted by a legislature that authorizes the creation of an administrative agency and specifies the name, purpose, composition, and powers of the agency being created.

Administrative Agency

A federal or state government agency established to perform a specific function. Administrative agencies are authorized by legislative acts to make and enforce rules relating to the purpose for which they were established.

Tenth Amendment

The Tenth Amendment to the United States Constitution reserves all powers not delegated to the federal government to the states or to the people.