Which of the following is a consequence of the divisibility characteristic of money?
A) Units of money do not expire after a certain time limit.
B) Units of money can be accurately matched with the value of goods.
C) Units of money are easily carried.
D) Units of money have relatively stable value.
E) Units of money of different nations are easily converted to other units of money.
Correct Answer:
Verified
Q14: What are the components of the M-2
Q15: Which of the following BEST describes the
Q16: Why are credit cards excluded from the
Q17: What measure of the money supply is
Q18: A check is an order to a
Q20: Why are savings accounts not considered a
Q21: Banks offer a variety of services for
Q22: Savings and loan associations began primarily to
Q23: According to reports,in addition to fraudulent information
Q24: Which of the following allows a bank's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents