Single Answer MCQ
Q-00015830

Which of these represents a common misconception about money?

1

Money is always in physical form

2

Money can act as a medium of exchange

3

Digital forms of currency exist

4

Money can be saved in banks

Answer and Solution

Answer

A. Money is always in physical form

Solution:

A common misconception is that money only exists in physical form; in reality, it can also exist digitally.

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