Which of the Following Lists Is Included in What Economists

question 46

Multiple Choice

Which of the following lists is included in what economists call "money"?

• A)cash
• B)cash and stocks and bonds
• C)cash and stocks and bonds and real estate
• D)cash and stocks and bonds and real estate and all other assets

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Definitions:

Australian Dollar

The currency of Australia, used as the official legal tender in the country and its territories.

Euro

The official currency of the eurozone, which is a monetary union of 19 of the 27 European Union member states.

American Dollars

The currency of the United States, widely used as a benchmark and reserve currency around the world.

Exchange Rate Gain

A profit resulting from a favorable change in the exchange rate between two currencies.