An advantage that money has over other assets is that it: Answer a. Provides a higher return to the owner b. Is a safer asset to hold during times of inflation c. Increases in value over time d. Has lower transaction costs to use as a means of payment than other assets

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter1: Introduction To Finance For Entrepreneurs
Section: Chapter Questions
Problem 9DQ
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Question

An advantage that money has over other assets is that it:

Answer

a. Provides a higher return to the owner

b. Is a safer asset to hold during times of inflation

c. Increases in value over time

d. Has lower transaction costs to use as a means of payment than other assets

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