Quantcast
answersLogoWhite
notificationBell
Investing and Financial Markets

Characteristics of good money?


Top Answer
User Avatar
Wiki User
Answered 2012-07-16 14:19:10

Characteristics of Good Money

1. Acceptability - Everyone must accept it to purchase goods and services

2. Durability - It should last a long time

3. Portability - Easy to carry around

4. Scarcity - Scarce enough to be valuable, not common such as sand or pebbles on a beach

5. Divisibility - Can be divided into small units

There are more as well, these are the basic

6. Cognizability

money should be easy to recognize

7. Malleability - money should be Malleable so that it could be made into new money.

8. Uniformity - It means that All version of the same denomination of currency must have the same purchasing power so that very denomination must be in uniform..

91011
๐Ÿ™๐Ÿฟ
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Your Answer

Still Have Questions?

Related Questions

How do you xxplain the characteristics of a good questionnaire?

= Characteristics of a Good Questionnaire =


What are the attributes of good money?

attributes/characteristics/features of money: -Must be durable -acceptable -portable -divisible -homogeneous -identifiable -retaining value, so has to be scarce



What are the characteristics of good safety gear?

what re the characteristics of good safety gear


What are the characteristics of a good father?

what characteristics make a person ready to be a good mother or father?


What are the Characteristics of a good job?

Good salary realistic work hours Good health policy are SOME characteristics


What characteristics does a good coding specialist share?

good coding specialists share which of the following characteristics


What are the good characteristics of a good stitches?

Two characteristics of good stitches is that they are tight and evenly spaced.


Which is not a characteristic of a good tax?

Characteristics of a good tax are equality, simplicity, certainty, and efficiency. These are the only characteristics of a good tax.


What are Characteristics of Audio Visual Aids?

what are the characteristics of good aids


What are the characteristics of purpose?

One of the characteristics of purpose is that it `feels good`.


List and define the characteristics of a good tax?

It brings in more money than it costs to administer, and it applies fairly to people in similar circumstances.


Characteristics of a Good Money?

Characteristics of Good Money=1. Acceptability - Everyone must accept it to purchase goods and services==2. Durability - It should last a long time==3. Portability - Easy to carry around==4. Scarcity - Scarce enough to be valuable, not common such as sand or pebbles on a beach==5. Divisibility - Can be divided into small units=


The characteristics of a good student?

The characteristics of a good student are loyalty, honesty, truthfulness and always trying your best.


What are some good characteristics that start with n?

Neighborly and neat are good characteristics. They begin with the letter n.


Characteristics of a good government?

There are many characteristics in a good government. A good government will meet the needs of the people while keeping the peace.


What were the economic characteristics of the Virginia?

Virginia made money by selling Tobacco.Tobacco was used as money. They used slaves to do the harvesting. However, it was risky to do this.You can make a good profit selling Tobacco. - xd001lugia --------------------------------------------------------------------------------------------------------


What are the different characteristics of a good seeds?

Characteristics of good seedsgood seeds are viable.Good seeds are not damaged.Good seeds are usually fresh.Good seeds are free from diseases


A sentence using the word characteristics?

the dog in the show had good characteristics!



Characteristics of good information in computer?

There are quite a few different characteristics of good information that can be found in a computer. Good information is helpful for example.


What is a sentence using the word characteristics?

What are the characteristics of that plant? She has many good characteristics, but she's just not my type.


What are the four characteristics of a good tax?

The four characteristics of a good tax are simplicity, efficiency, certainty, and equity (fairness).


What are five characteristics of a good sport?

5 characteristics of a good sport are run, run, run, run and sweat.


What are the training characteristics of young athletes?

The training characteristics of young athletes is a good attitude. And to play the sport good.


Still have questions?

Trending Questions
Do potatoes have genders? Asked By Wiki User
Why is Vanna White so skinny? Asked By Wiki User
How many 20 go into 200? Asked By Wiki User
What times what equals 6? Asked By Wiki User
Previously Viewed
Characteristics of good money? Asked By Wiki User
Unanswered Questions
Does arsenio hall have ms? Asked By Wiki User