Which of the following is/are desirable attributes of a medium of exchange?
A) durability
B) elasticity of supply
C) divisibility
D) all of the above

Name: Which of the following is/are desirable attributes of a medium of exchange? A) durability B) elasticity of supply C) divisibility D) all of the above
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Question

Quizplus · Accepted Answer

A medium of exchange should be durable, have an elasticity of supply to meet economic demands, and be divisible to facilitate transactions of varying sizes.

Which of the Following Is/are Desirable Attributes of a Medium