When it is a means of paying for goods and services and discharging debts, money is referred to as a:
A. store of purchasing power
B. medium of exchange
C. standard of value
D. liquid asset
Answer:B
When it is a means of paying for goods and services and discharging debts, money is referred to as a:
A. store of purchasing power B. medium of exchange C. standard of value D. liquid asset