Money Is Employed as a _____ Because It Enables People

question 125

Multiple Choice

Money is employed as a _____ because it enables people to save the money they earn today and use it to buy goods and services later.

• A) medium of exchange
• B) unit of account
• C) store of value
• D) barter instrument

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Definitions:

Mesozoic

The geological era that lasted from about 252 to 66 million years ago, including the Triassic, Jurassic, and Cretaceous periods, known for the dominance and eventual extinction of dinosaurs.

Gondwana

An ancient supercontinent that included present-day Africa, South America, Antarctica, India, and Australia, existing from the late Neoproterozoic until its break-up in the Jurassic period.

Southern Hemisphere

The half of Earth that lies south of the Equator, encompassing continents like Australia, Antarctica, and parts of Africa, South America, and Asia.

Appalachian Mountains

A mountain range in Eastern North America, extending from the Canadian province of Newfoundland and Labrador to central Alabama in the United States.