An Advantage That Money Has Over Other Assets Is That

question 39

Multiple Choice

An advantage that money has over other assets is that it:

• A) Increases in value over time
• B) Has lower transaction costs to use as a means of payment than other assets
• C) Provides a higher return to the owner
• D) Is a safer asset to hold during times of inflation

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Definitions:

Schedules

Structured plans or lists detailing when events are supposed to take place, often used for organizing tasks, appointments, or transportation.

Marginal Utility

The additional satisfaction a consumer gains from consuming one more unit of a good or service.

Sixth Unit

A term possibly denoting the incremental unit in a series, used in contexts like economics to discuss marginal utility or cost of the sixth item.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at fixed prices.