Economists use the term “money” to refer to Select one: a. all wealth. b. all financial assets, but not real assets. c. all assets, including real assets and financial assets. d. those types of wealth that are regularly accepted by sellers in exchange for goods and services.

Economists use the term “money” to refer to Select one: a. all wealth. b. all financial assets, but not real assets. c. all assets, including real assets and financial assets. d. those types of wealth that are regularly accepted by sellers in exchange for goods and services.

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter12: Money, Banking And The Financial System

Section: Chapter Questions

Problem 3WNG

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Question

Economists use the term “money” to refer to

Select one:

all wealth.

all financial assets, but not real assets.

all assets, including real assets and financial assets.

those types of wealth that are regularly accepted by sellers in exchange for goods and services.

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