Multiple Select QuestionSelect all that applyIn present times, which of the following constitutes a form of money?Multiple select question.Coinsnotes (paper money)Government bondChequing deposit
Question
Multiple Select QuestionSelect all that applyIn present times, which of the following constitutes a form of money?Multiple select question.Coinsnotes (paper money)Government bondChequing deposit
Solution
The forms of money in present times from the options provided are:
- Coins
- Notes (paper money)
- Chequing deposit
A government bond is not considered a form of money. It is a type of investment where you lend money to the government for a certain period of time, and they pay you back with interest.
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