The demand for money is based primarily on money's role as a(n) :

A) measure of wealth.
B) medium of exchange.
C) standard of economic well-being.
D) interest-bearing asset.
E) non-interest-bearing asset.

Medium of Exchange

A medium of exchange is an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties.

Non-Interest-Bearing Asset

An asset that does not generate interest income for its holder.

Measure of Wealth

A metric or approach to evaluate the value of assets owned by individuals, businesses, or countries.