Money is best defined as

anything that is generally accepted as a medium of exchange and a measure of valueCorrect answerYour answeronly coins made of precious metalCorrect answerYour answeronly notes printed by the central bankCorrect answerYour answeranything that has valueCorrect answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

Money is defined by what it does: it is accepted in exchange and measures value.
This is why bank deposits count as money though they are not notes.

Concept: Definition of money
Typical timeTypical: 70 s
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The rule this testsLegal tender and fiat money

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Ten questions from Money and Its Functions, at your own pace.

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Money is best defined as

Explanation