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.

---

Definitions:

Socially Complex

Pertains to situations, relationships, or entities that are intricate due to the diversity and interdependence of social factors or actors involved.

Unique History

The distinct and individual past experiences or background of a person, object, or concept that makes it different from others.

Competitive Advantage

A factor or situation that positions a firm more favorably or advantageously in the market relative to its competitors.

Competitive Advantage

An attribute that allows a company to outperform its competitors, enabling it to generate greater sales or margins and/or retain more customers.