What Is the Primary Reason for People to Own or Hold

question 122

Multiple Choice

What is the primary reason for people to own or hold money?  

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

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Definitions:

Decentralized

Refers to the distribution of functions, powers, people, or organizations away from a central location or authority.

Centralized

A system or structure where decision-making or operational activities are concentrated at a single point or location, typically in the context of organizational management.

Hybrid

Combining two or more different technologies, components, or systems to produce a new or more efficient output.

Total Cost of Ownership

The purchase price of an asset plus the costs of operation, considering all financial aspects of acquiring, operating, and maintaining it over its lifetime.