Which of the Following Statements Is False

question 88

Multiple Choice

Which of the following statements is false?

• A) Round stones with holes in the centre can serve as money.
• B) Money eases the process of exchanging goods and services in a modern economy.
• C) Money serves as a measure of value only when it is backed by gold or silver.
• D) Money is used as a measure of the relative value of goods and services in an economy.

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Definitions:

Barnacles

Marine crustaceans with hard protective shells, known for their sessile lifestyle attached to surfaces like rocks, ships, and whale skin.

Octopuses

Cephalopod mollusks known for their eight arms, high intelligence, and ability to change color and texture for camouflage.

Cephalopods

A class of mollusks that includes octopuses, squids, cuttlefish, and nautiluses, characterized by bilateral body symmetry, a prominent head, and a set of arms or tentacles.

Invertebrates

Animals that lack a vertebral column or backbone, including species such as insects, mollusks, and arachnids.