Question

Money and currency are related because?

a.they are interchangeable terms
b.currency is a form of money
c.money is a form of currency
d. money refers only to debts
Which statement shows that money is a "store of value?"
a.I exchanged my dollar for ten dimes.
b.You can only use currency at that store.
c. I just used the ten dollars given to me last year.
d. I carried the money to the store.
Anything called money will be?
a.large and heavy
b. easy to create
c. scarce
d. backed by gold

Answer 1

Money and currency are related because "c.money is a form of currency"--"a.I exchanged my dollar for ten dimes" is why money is a store of value, and anything called money will be "c. scarce" since people need to find some inherent value in it.