The Major Consideration of Whether Something Can Serve as Money

question 272

Multiple Choice

The major consideration of whether something can serve as money is that it must be

• A)redeemable in precious metals such as gold or silver.
• B)printed by each nation's government or banking authority.
• C)freely available to all who want it.
• D)exchangeable for other types of money.
• E)acceptable as a means of payment.

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Definitions:

Plane

Flat surface; an imaginary surface formed by extension through any axis or two points—for example, a midsagittal plane, a coronal plane, and a transverse plane.

Hinge

A type of joint that allows for motion in one plane, much like the opening and closing of a door, commonly found in the elbows and knees.

Synovial Joints

A type of joint that is surrounded by a flexible sac filled with lubricating synovial fluid, allowing for smooth movement between the bones.

Fibrous Joints

Joints that are connected by dense connective tissue, consisting largely of collagen. These joints are immovable or only slightly movable, such as sutures in the skull.