ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stability, Portablity, Durability, Uniformity, Divisibility, and Recognizability
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Stability, Portability, Durability, Usefulability, Divisoribility, Recognizability
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Uniformity, Divisibility, Civicibility, Econility, Exchangability, Techtability
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Dividibility, Uniformaty, Caseliable, Portility, Fortifiable, Formidable
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Detailed explanation-1: -The ideal money commodity should, as such, possess utility, portability, durability, homogeneity, divisibility, malleability, Cognoscibility and stability of value.
Detailed explanation-2: -The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
Detailed explanation-3: -For a commodity or currency to be recognized as money, it must be fungible, stable, recognizable, portable, and durable. Different countries around the world use their own monetary systems, which are regulated by a central monetary authority.
Detailed explanation-4: -General acceptability. Portability. Durability. Divisibility. Homogeneity. Cognizability. Stability.
Detailed explanation-5: -Durability. Portability. Divisibility. Uniformity and Fungibility. Limited supply. Acceptability.