Which of the following is (are) part of the definition of money?

1. Backed by gold.
2. Store of value.
3. Wealth held by people.
4. Credit cards.

4. Which of the following is (are) part of the definition of money?

1. Backed by gold.
2. Unit of account.
3. Wealth held by people.
4. Credit cards.

5. Bank Insolvency means:

1. Total assets are less than its total liabilities
2. total liabilities equals to its total assets are
3. total liabilities is less than its total assets.
4. None of the above.