1- What is the definition of money- a- Anything made of gold b- Anythi.docx

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1. What is the definition of money? a. Anything made of gold b. Anything that is generally accepted and used as a medium of payment c. Only those things declared money by the government d. Any good or service that is traded for another good or service 2. Which of the following have not served as money in the past? a. seashells b. copper c. grain d. paper e. all of these have served as money in the past 3. Which one of these is not a function of money? a. medium of exchange b. a measure of value c. a store of value d. a status symbol .

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