Economics · Money and Banking
Money is primarily defined as which of the following in an economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A medium used exclusively for savings
- 2A government-issued financial asset only
- 3The most widely accepted means of exchange✓
- 4A commodity with intrinsic value
Correct answer
The most widely accepted means of exchange
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