0
The six characteristics economists use to judge how well an item serves as currency is divisibility?
Wiki User
∙ 9y ago
There are six characteristics that economists used to judge how well an item serves as currency. These characteristics are acceptability, durability, divisibility, portability, and limited supply.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What object serves as money in Umuofia in Things Fall Apart?
Cowrie shells are the currency in Umuofia.
What does EA robot mean in forex market?
EA means Expert Advisor. So it is a forex robot that serves as an expert advisor in currency trades.
What are characteristics of economic development?
Economic development addresses the basic long-term care of its subjects. This generally includes housing, healthcare, employment, transportation, and government reform. It is the revisions for betterment that define a economic development.
When economist says that money serves as a medium of exchange they mean that it is?
They mean that it serves as a way of exchange commodities.
Why money serves as a medium of exchange?
Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.
What are the characteristics of a national market?
A national market refers to a market that operates and serves customers within a specific country. Characteristics include a common currency for transactions, adherence to local regulations and laws, a unified distribution network, and tailored marketing strategies to cater to the needs and preferences of the local population.
What object serves as money in Umuofia in Things Fall Apart?
Cowrie shells are the currency in Umuofia.
Characteristics of clients in data networks?
Initiate data exchanges May upload data to serves
What document serves as the basic law and political framework of most republicans?
There are many possible sets of characteristics.
What does EA robot mean in forex market?
EA means Expert Advisor. So it is a forex robot that serves as an expert advisor in currency trades.
What are characteristics of economic development?
Economic development addresses the basic long-term care of its subjects. This generally includes housing, healthcare, employment, transportation, and government reform. It is the revisions for betterment that define a economic development.
What is the definition of social patterns?
Social patterns refer to recurring behaviors, interactions, or structures within a society that shape relationships and social dynamics. These patterns can include norms, values, roles, and institutions that influence how individuals and groups behave and interact with one another in a social setting.
What does the comptroller of the currency do?
Office of the Comptroller of the Currency American federal government organization The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and thrift institutions and the federally licensed branches and agencies of foreign banks in the United States.' The Office of the Comptroller of the Currency (OCC) is a federal agency that oversees the execution of laws relating to national banks. Specifically, it charters, regulates, and supervises national banks and federal branches and agencies of foreign banks in the U.S.
The U.S. dollar is a currency made of low-cost materials. It is valuable only because it is recognized by the U.S. government, which is a powerful global authority. This means that the U.S. dollar serves as which type of money?
Fiat money
What characteristics will a person have if they have integrity?
they will have ethics, moral, values, loyalty, duty, respect, selfless service, honor, and so on
What serves as a translator?
A translator is a person who translates written text from one language to another. Translation software and tools can also serve as translators, converting text from one language to another.
Has anyone created a perpetual motion machine yet?
No, perpetual motion is prohibited by the laws of thermodynamics.There are machines that might at first seem to be perpetual motion machines but only because their source of energy may not be readily apparent.add. But in economics, inflation serves the purpose of a perpetual motion machine, in which more currency is created continuously. And which serves to illustrate the reality of economics.
