* 뭐 (mwo): This is the most common and versatile way to say "what." It's used in most situations where you'd use "what" in English. For example: 뭐야? (mwoya?) - What is it?
* 무엇 (mueot): This is a more formal and literary way to say "what." You'll see it less often in everyday conversation.
So, while 뭐 (mwo) is the most practical answer for most situations, 무엇 (mueot) is a useful alternative to know for more formal settings.