In Economics,money Is Defined as

question 248

Multiple Choice

In economics,money is defined as

• A)the total value of one's assets in current prices.
• B)the total value of one's assets minus the total value of one's debts,in current prices.
• C)the total amount of salary,interest,and rental income earned during a year.
• D)any asset people generally accept in exchange for goods and services.

---

Definitions:

Somatic Nervous System

The part of the peripheral nervous system that handles voluntary control of body movements via skeletal muscles.

Autonomic Nervous System

A division of the peripheral nervous system that controls involuntary functions, such as heartbeat and digestion.

Skeletal

Pertaining to the skeleton, the internal framework of bones and cartilages that supports and protects the body's organs.

Parasympathetic

Part of the autonomic nervous system responsible for rest and digestion, it works in contrast to the sympathetic system to maintain homeostasis.