Which Statement About Money Is Most Correct

question 56

Multiple Choice

Which statement about money is most correct?

• A) Money has been around for a long time and only includes cheque and savings accounts.
• B) Money has been around for a long time and only includes dollar bills and coins.
• C) Money is a new invention and only includes dollar bills and coins.
• D) Money is a new invention and can include anything that is accepted as a means of payment.
• E) Money has been around for a long time and can include anything that is accepted as a means of payment.

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Definitions:

Economic Necessity

Economic necessity refers to the critical need to earn a living and support oneself and one’s family, often driving individual choices and actions.

Commercial Transactions

Exchanges of goods, services, or financial assets in the course of business activities.

Streetwalkers

A term often associated with individuals who engage in prostitution on public streets.

Prostitution

The practice of engaging in sexual activity with someone for payment.