Why the japanese yen is considered money

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Which of the following is a reason why the Japanese yen is considered money? a) The yen is an asset that lacks liquidity. b) It is backed by silver. c) It is generally accepted as a medium of exchange in all countries of the world. d) Its value over the years has varied significantly. e) Goods in Japan are priced in terms of yen, the most liquid asset of the economy.

Reference no: EM131115109

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