The following statements are about economic coordination.
Which statement is false? O A. Money is any commodity or token that
is generally acceptable as a means of payment. B. Markets have
evolved bec
ause they provide an efficient way to coordinate economic activity. C. Central planning is an economic system in which resources are allocated and decisions are made by a central authority. D. Economic coordination refers to the way in which individuals, firms, and institutions coordinate their activities to achieve economic goals.
The text seems to be cut off at the end, so I am unable to provide the missing information. However, I can address the first part of the sentence and provide an answer based on that.
The false statement is:
A. Money is any commodity or token that is generally acceptable as a means of payment.
While this statement is partly true, it is not a comprehensive definition of money. Money can be defined as a medium of exchange, a unit of account, and a store of value. It does not necessarily need to be a physical commodity or token. In modern economies, money can exist in various forms, including cash, bank deposits, and digital currencies.