What Are the Two Features of Money That Distinguish It

question 29

Multiple Choice

What are the two features of money that distinguish it from all other goods in the economy?

• A)Money is government issued and it is redeemable for gold or silver.
• B)Money is accepted as a medium of exchange and it is the common unit of account used to express prices.
• C)Money is part of every barter transaction and it is divisible.
• D)Money is a common unit of account and it is also can be traded for other currencies at a guaranteed exchange rate.

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