Portability - Money can be moved around easily
Acceptability - Money must be acceptable as a unit of exchange, meaning both buyers and sellers must believe that money has value.
Uniformity - Each unit of money has a specific value
Limited supply - Money must be rare enough that not everyone can make their own, or the money has no value.
Durability - Money can last for a long time without degrading in value or usefulness
Divisibility - Money can be divided up or used to make change.
Match the six characteristics of money with their descriptions(6 points)
Money can be moved around easily
Money must be acceptable as a unit of exchange, meaning both buyers and sellers must believe that money has value.
Each unit of money has a specific value
Money must be rare enough that not everyone can make their own, or the money has no value.
Money can last for a long time without degrading in value or usefulness
Money can be divided up or used to make change
answers
portability, divisibility, durability, limited supply, acceptability, uniformity
1 answer