ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Divisible
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Portable
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Acceptable
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Edible
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Detailed explanation-1: -The correct answer is Option C) The supply of Money remains fixed. Good Money has many characteristics like Stability, homogeneity, profitability, divisibility, durability, etc. The supply of Money is not included in the characteristics of Money.
Detailed explanation-2: -in fact, a variety of items have been used as money over the centuries. The items that worked the best tended to have four basic characteristics: portability, divisibility, durability, and acceptability.
Detailed explanation-3: -The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
Detailed explanation-4: -Which of the following is NOT a characteristic of money? It is able to be stretched.
Detailed explanation-5: -Durability. Portability. Divisibility. Uniformity and Fungibility. Limited supply. Acceptability.