Economists equate money with
A)individual wealth.
B)income regularly earned.
C)assets people use regularly to buy goods and services.
D)individual saving.

Question

Quizplus · Accepted Answer

Economists equate money with assets people use regularly to buy goods and services. Money is a medium of exchange used to facilitate transactions in an economy. It includes currency, demand deposits, and other highly liquid assets that can be easily converted into goods and services. Money is not equivalent to individual wealth or income regularly earned because those are broader concepts that encompass assets and income that are not necessarily used for transactions. Similarly, individual saving is a form of wealth accumulation rather than a direct measure of money in circulation.

Economists Equate Money with