BANKING AFFAIRS

Detailed explanation-1: -currency. 6. The fact that money must withstand the wear and tear that comes from being used over and over again is a measure of its c. durability.

Detailed explanation-2: -Durability: Objects used as money must withstand the physical wear and tear that comes with being used over and over again.

Detailed explanation-3: -Durability is the ability of a good to retain its original state overtime. In order to be considered durable, a good must be difficult to damage or alter. Durability is a necessary property of money because the money must be able to sustain its value over time.

Detailed explanation-4: -Durability: Any item used as money must be durable. A perishable item such as a banana becomes useless as money when it spoils. Even early societies used durable forms of money, such as metal coins and paper money, which lasted for a long time.