Answer:
Option D Money is widely accepted for purposes of exchange and in the repayment of debt.
Explanation:
The defination of Money is that it is a medium that helps in exchanging goods for an equal worth of item that is easily moveable and can be used to paying liabilities and settlement of debts.
Answer:
The correct answer is letter "D": is widely accepted for purposes of exchange; the repayment of debt.
Explanation:
The actual currency worldwide is money. It is the medium of exchange that allows individuals to facilitate their transactions. It is also a store of value since wealth is accrued by accumulating money and debt can be repaid with it. Besides, it is a unit of account because it provides a standardized value to products and services of the same kind.
