Concept:Money is best described by its basic role as a generally accepted means of settlement in economic transactions.Explanation:In simple terms, money is anything that is generally accepted when people buy goods or settle debts.Its main characteristic is that it serves as a means of payment or settlement.Although money also acts as a measure of value and a standard of value, these are functions rather than the simplest definition.Saying money is a durable asset for doing business is too narrow and does not capture its everyday use.Therefore, the simplest reference to money is "a means of settlement."Answer:C. means of settlement