If Individuals Will No Longer Take a Currency as a Method

question 55

Multiple Choice

If individuals will no longer take a currency as a method of payment,is it still considered to be money?

• A)Yes, because the government identifies it as legal tender.
• B)Yes, because one of the characteristics of money is that it can be also used as a measure of value.
• C)No, because one of the main characteristics necessary for something to serve as money is that it must be generally acceptable.
• D)No, because it becomes just a commodity.

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Definitions:

Plumule

The part of a seed embryo that develops into the shoot bearing the first true leaves of a plant.

Monocot

A group of flowering plants that have a single embryonic leaf, or cotyledon, in their seeds.

Coleoptile

The protective sheath covering the emerging shoot in monocotyledons, such as grasses and cereals.

Ovary Wall

The outer layer of the ovary that encloses the ovules in plants or the area in female animals where eggs are produced.