Money Is

question 18

Multiple Choice

Money is

• A) anything that is generally accepted in payment for goods and services or in the repayment of debt.
• B) a flow of earnings per unit of time.
• C) the total collection of pieces of property that are a store of value.
• D) always based on a precious metal like gold or silver.

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Definitions:

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Cognitive Explanation

An approach in psychology that focuses on understanding the mental processes that underlie behavior and decision-making.