Which of the Following Is a Basic Characteristic of Money

A taxes Social Security and welfare B GDP growth unemployment and inflation C interest rates the money supply and the Federal Reserve D demand supply and equilibrium. Money has three general functions characteristics.

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Limited supply is your answer.

. Top eight qualities of an ideal money material are. Which of the following is a basic characteristic of Englands market economy. Which is the central characteristic of a free market economy.

In order for something to qualify as money then it should have the following qualities or features. Multiple Choice Questions 1. Another very common characteristic or feature of money is the fact that it is divisible.

Portability means that money can easily be transported from one location. It is the very essence of money. By being durable money does not easily wear out or deteriorate.

You can break money down into change. Question and answer. The four primary characteristics of money are.

Which of the following is a characteristic of money. All of the following are characteristics of money EXCEPT. The six characteristics of money are durability portability acceptability limited supply divisibility and uniformity.

Durability means that dollar bills or coins are easily replaceable should they become damaged. Which of the following is not a characteristic of a money market instrument. - unit of account - In order to compare the value of certain goods and services it is essential to measure them.

Which of the following does not represent compensation income. To give you your change back its not like the cashier needs to physically cut the bill in half with a pair. Money was invented to facilitate the exchange of goods and services.

Fringe benefits received by supervisory or managerial employee. Easily transferred from one person to another to make exchange of money for products easier. Which of the following lists best represents the three basic measures of macroeconomic performance.

4 Characteristics of money. Money market instruments are short-term instruments with high liquidity and marketability. 1 durability 2 divisibility 3 transportability and 4 noncounterfeitability.

Terms in this set 13 Portability. Indestructibility or Durability 4. They do not have long maturities nor pay liquidity premiums.

Money acts as a unit of account a medium of exchange and a store of value. What are the characteristics of money or the qualities of good money. Money must be able to be easily divided into smaller units or denominations in order for one to be able to use to carry out.

Created Oct 4 2021. Livestock is not an ideal unit of exchange because people cannot divide it into smaller units. Answered expert verified.

Information about different topics. Month pay and other benefits not exceeding P82 d. Lets say you pay for a 50 cent chocolate bar with a 1 dollar bill.

All of the following are. By divisible we mean that money is capable of being divided into smaller denominations. Although a number of items or assets have served as money those that best match these four characteristics are the ones that best function as money the ones that best operate as a medium of exchange.

The characteristics of money are durability portability divisibility uniformity limited supply and acceptability. Basic salary whether or not the employee is a minimum wage earner b. Basic salary only if the employee is not a minimum wage earner c.

Must last when handled and does not break apart when being held as a store of value. An ideal money material should possess the following qualities. The money that remains after all the costs of production have been paid.

Money was invented to strengthen government power and control. 9th - 12th grade. Money is easily divisible.

Money was invented to facilitate the exchange of goods and services. Which of the following is a basic characteristic of all economic systems. Money was invented to support a barter economy.

- medium of exchange - Mainly created as the substitute of barter money has the elementary use as an intermediary when exchanging goods or services. Be the first to share what you think. Divisibility is a crucial performance characteristic of money because it will enable people to store value in things like silver gold and copper.

Instability of value c. Money was invented to lift people out of poverty. Money has all the characteristics below.

A liquidity B marketability C long maturity D liquidity premium E C and D Answer. Money is easy to be divided.

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