Which of the following statements is NOT true about money? A) Money c

Which of the following statements is NOT true about money?

A) Money can only be coins and paper.
B) Anything that serves as a medium of exchange, as a unit of accounting, as a store of value, and as a standard of deferred payment can be called money.
C) Money is any medium that is universally accepted by sellers and creditors.
D) Money is a standard of deferred payment.

 

ANSWER

A

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