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

Question

Social Studies

Laylah Harrison

1 July, 02:40

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

+4

Answers (1)

Know the Answer?

Joseph Kelly · Answer 1

they are interchangeable terms.

Money and Currency are the same thing. Nothing more than a tool which facilities trade.

Which statement shows that money is a "store of value?

a. I exchanged my dollar for ten dimes.

Anything called money will be backed by gold