Which of the following lists is included in what economists call "money"?
A)Cash
B)Cash and stocks and bonds
C)Cash and stocks and bonds and real estate
D)Cash and stocks and bonds and real estate and all other assets

Question

Quizplus · Accepted Answer

Cash is considered part of what economists call "money" because it is a medium of exchange, a unit of account, and a store of value. Stocks, bonds, real estate, and other assets, while valuable, are not considered money because they do not serve all these functions, especially not as a medium of exchange.

Which of the Following Lists Is Included in What Economists