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Money has many characteristics but I think the most important one would be common acceptability.
The functions of money are common medium of exchange, store of wealth, measure of value/wealth, means of differed payments. Money has many characteristics but I think the most important one would be common acceptability.
The functions of money are common medium of exchange, store of wealth, measure of value/wealth, means of differed payments.
What else can I help you with?
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
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 the characteristics of money?
durability, portability, divisibility, uniformafy, limited supply, acceptability
What are the characteristics of money including commodity money fiat money and representative money?
Money has several key characteristics, including durability, portability, divisibility, uniformity, and acceptability. Commodity money is based on a physical good, like gold or silver, which has intrinsic value. Fiat money, on the other hand, has no intrinsic value and is established as money by government regulation or law, relying on trust in the issuing authority. Representative money represents a claim on a commodity and can be exchanged for it, like a gold certificate, but does not have intrinsic value itself.
What the characteristic of a cashier?
the characteristics of a cashier is GOOD with Money
What are the characteristics of industrial market?
1.demand characteristics. 2.market characteristics. 3.product characteristics. 4.price characteristics. 5.place or distribution characteristics. 6.promotional characteristics. 7.behavioral characteristics.
What is the probability of the spinner landing on Phil?
The answer depends on the characteristics of the spinner.The answer depends on the characteristics of the spinner.The answer depends on the characteristics of the spinner.The answer depends on the characteristics of the spinner.
What are the characteristics of Persians?
FBGM ( have sex with girls and get money ) and YOLO!!
6 categories of the characteristics of a chipset?
sure oi
What are the characteristics of a housefly?
wings 6 legs antannae
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
What are common characteristics of stable governments?
Lots of money and big cities.
Characteristics of capital as factor of production?
capital is a money to start a business
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 characteristics make an item useful as money?
Some characteristics that make an item useful as money include being widely accepted, easily recognizable, divisible into smaller units, portable, durable, and having a relatively stable value. Additionally, money should be difficult to counterfeit to maintain trust within the economy.
