Money Matters
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Questions and Answers

What is money?

  • A commodity to be bought and sold
  • A symbol of power
  • A tool for controlling societies
  • An artifact of civilization invented to facilitate economic transactions (correct)

    • What is the proper creation of money supposed to achieve, according to the text?

  • Achieve universal economic empowerment and prosperity (correct)
  • Provide unequal opportunity and access to every person
  • Suppress the freedom and human potential of the many
  • Concentrate power and property in the hands of a few or the state

    • According to lawyer-economist Louis Kelso, what is money?

  • A commodity to be bought and sold
  • A tool for controlling societies
  • A social construct with no inherent value
  • A system of symbols representing the value of existing and future goods and services (correct)

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