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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.
What else can I help you with?
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 characteristic of money and list its function?
The characteristics of money include being a medium of exchange, a unit of account, a store of value, and a standard of deferred payment. Its functions are to facilitate trade by serving as a common medium of exchange, provide a unit of measurement for comparing the value of goods and services, and store value over time.
What is the characteristics of a bul-ol?
Characteristics
What were the characteristics?
The Mayan characteristics were: they built large cities & believed in the gods.
Is cash money abiotic or biotic?
Cash money is considered abiotic because it is a non-living object. It is made from materials like paper and ink, which do not possess biological characteristics or life processes. While it can be used to facilitate biotic interactions, such as transactions between living beings, the currency itself does not have any biological components.
What the characteristic of a cashier?
the characteristics of a cashier is GOOD with Money
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
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.
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(?)
What are the characteristics of money?
durability, portability, divisibility, uniformafy, limited supply, acceptability
What are the major characteristics of money market instruments?
1. Money market generates higher rate of returns than holding cash. 2. Money Market funds are liquid 3. low risk The three fundamental characteristics of money market instruments are: (a) low default risk, (b) short-term to maturity, and (c) high marketability. These characteristics give money market instruments their characteristic of being low risk. Money market investors demand low-risk securities because their cash excesses are only temporary.
