Which of the Following Is a Form of Money

question 173

Multiple Choice

Which of the following is a form of money?

• A) Japanese yen
• B) Bonds
• C) A gold medallion
• D) A Visa credit card
• E) All of these are money

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Definitions:

Investment Project

A planned undertaking aimed at achieving specific financial returns through the allocation of resources to productive activities.

Interest Rate

The proportion of a total amount of money that is levied for borrowing it, usually described as a yearly rate percentage.

Interest Rate

The percentage of the principal charged by the lender for the use of its money, or earned by an investor on an investment.

Loanable Funds

Refers to the supply of capital or funds available for borrowing within an economy.