Question

Economists use the term "money" to refer to___________.a. those types of wealth that are regularly accepted by sellers in exchange for goods and services. b. all wealth. c. all financial assets, but not real assets. d. all assets, including real assets and financial assets.

Answer 1

Answer:

The correct answer is A

Explanation:

Money is an unit of economic which functions as usually recognized medium for the exchange for the purpose of the transactional in the economy. It provides the service for decreasing the transaction cost.

So, money refer to the kind of wealth, which is regularly accepted by the sellers in exchange for the services and the goods.