Economists use the word "money" to refer to
A)income generated by the production of goods and services.
B)those assets regularly used to buy goods and services.
C)financial assets such as stocks and bonds.
D)any type of wealth.

Question

Quizplus · Accepted Answer

Economists use the word "money" to refer to those assets regularly used to buy goods and services, such as cash or checking account balances. While other options might be a type of wealth or an indicator of income, they do not fit the definition of money as used in economics.

Economists Use the Word "Money" to Refer to