Why Do People Primarily Own or Hold Money

question 115

Multiple Choice

Why do people primarily own or hold money?

• A)because it has a guaranteed nominal return
• B)because it has a guaranteed real return
• C)because it can be used directly to buy goods and services
• D)because it functions as a unit of account

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Definitions:

Minority Group

A category of people who experience relative disadvantage as compared to members of a dominant social group, often marked by racial, religious, ethnic, or gender distinctions.

Political Borders

Imaginary lines that define the boundary of a nation or state, separating it from other nations or states.

Exploitation

The action or fact of treating someone unfairly in order to benefit from their work or resources.

Privilege

Unearned advantage accorded to members of dominant social groups (males, whites, heterosexuals, the physically able, etc.).