Question

37.

Which of the following is an example of money serving as a medium of exchange?

a.	Richard puts money into a piggy bank.
b.	Ellen deposits cash into a money market account.
c.	Sean puts a new $20 bill into his currency collection.
d.	Marian buys a carbo-loaded drink before a marathon.

Answer 1

Money has basically three properties-

Unit of account.

store of value

edium of exchange

Medium of exhange means the it can be used for the transaction purpose between two entities.

These two entities can be individual or business .

mong the given options,D tells Marian buys carbo loaded drink before a marathon

It means she is exchanging the money for buying the drink .

In option A and B the money act as store of value .

So the only correct answer here is option d