Why Do People Primarily Own or Hold Money

question 77

Multiple Choice

Why do people primarily own or hold money?

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

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Definitions:

Social Competence

The capacity to interact effectively with others, understanding social cues and responding appropriately in various social situations.

Status

The evaluation of a role or person by other relevant members of a group or society.

Social Comparison

The desire to evaluate one’s own behavior, abilities, expertise, and opinions by comparing them to those of others.

Functional Play

A type of play mainly observed in children, involving activities that use repetitive muscle movements, often focusing on the use of objects.