Money Is Defined as

question 361

Multiple Choice

Money is defined as

• A) a person's net worth.
• B) anything people generally accept in exchange for goods and services.
• C) a by product of a barter economy.
• D) any financial instrument that is backed by gold.

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Definitions:

Government Securities

Financial instruments issued by a government to finance its public projects, which include bonds, treasury bills, and notes.

Money Supply

Money Supply refers to the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.