Even When a Particular Monetary Asset Is Not Performing One

question 220

Multiple Choice

Even when a particular monetary asset is not performing one of the functions of money well, people still use the asset because

• A)it is still easier than relying on barter.
• B)they have no choice.
• C)once an asset is defined as money it is always money.
• D)people expect money will come back at a later date.