0
General Acceptability - it should be generally accepted by everyone. Divisible - this is important so that the goods in smaller quantities could be purchased. Transportability - credit money issued by banks, central bank or by government has a quality of transportability. Durability - coins and paper currency are good money because they are durable. Standardizability - good money is one whose all units are alike with respect to their soze, quality and design.
Wiki User
∙ 14y ago
Wiki User
∙ 11y ago1.Portability:modern currency is light and easy to handle.
2.Divisibility:modern currency is easily divisible into smaller parts with fixed values.
3.Durability:modern currency is hard to counterfeit.
4.Stability:the value of our paper money also fluctuates, but it is considerable more stable and predictable.
Add your answer:
Earn +20 pts
What are the Characteristics of money markets in Kenya?
value
What are the characteristics of?
Wealth is material, we will not consider human skill and mental ability as wealth.It produced by labor. If we consider land have all the characteristics of except one that it is not produced by labor.Capability to satisfy human desire. For instance money is not wealth but a medium of exchangeWealth must have Exchange value
What is the characteristics of a bul-ol?
Characteristics
What are the characteristics of the ecology?
what are the characteristics of ecology
What does natural characteristics mean?
normal characteristics
What characteristics make an item useful as money?
The features of money is ........... your mums face hello
What are the Characteristics of money markets in Kenya?
value
What the characteristic of a cashier?
the characteristics of a cashier is GOOD with Money
What are characteristics of silver?
Characteristics: soft, lustrous, metal that is stable in oxygen or water Uses: jewelry, money, and silverware
What are the characteristics of Persians?
FBGM ( have sex with girls and get money ) and YOLO!!
What are the characteristics of a ruby?
Shiny,worth a loadful of money,beautiful and lovely.
What are the four characteristics of money?
1) Durability, divisibility, Acceptability , uniformity
Characteristics of capital as factor of production?
capital is a money to start a business
What are common characteristics of stable governments?
Lots of money and big cities.
How does modern money reflect the characteristics of money?
modern money is divisible. the penny, which is the smallest denomination of coin is small enough for almost any purchase
What are some characteristics of money market instruments?
please i'd like to know thecharacteristics of money market especially in Nigeria
Why does a blanket not meet all of the requirements that will allow it to be accepted as money?
because is doesn't have any of the characteristics needed to be counted as money(?)
