Money can be simply be referred to as a?

By: |Published on: Dec 13|Categories: Commerce JAMB| 0 comments

A. measure of value
B. standard of value
C. means of settlement
D. durable asset for doing business

Correct Answer:

Option A – measure of value

Explanation

Money, a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed

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