Which of the following statements is NOT a characteristic of good money?
A) Money is easily standardized.
B) Money must have historic value.
C) Money must be durable.
D) Money must be portable.
Correct Answer:
Verified
Q12: All of the following are functions of
Q15: The U.S.General Accounting Office (GAO)has concluded that
Q16: Which is an example of money being
Q21: The use of money as a medium
Q25: Barter as a system tends to work
Q26: In the first century and a half
Q31: Money used to purchase goods or services
Q37: M2 is _ in dollar value than
Q55: Liquidity refers to:
A) how fast money can
Q290: What are the primary functions of money?
A)
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