Desirable characteristic of money
WebIndivisibility. Choosing an abundant item for commodity money usually leads to. Inflated prices. According to the text, which of the following factors keeps a fiat system … WebJul 20, 2024 · Five common money personalities are investors, savers, big spenders, debtors, and shoppers. Debtors and shoppers may tend to spend more money than is …
Desirable characteristic of money
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WebWhat characteristic of money makes it a desirable asset in terms of demand? a. convertibility into gold b. high rate of return O c. ability to facilitate barter exchanges d. liquidity What kind of relationship exists between the quantity of money demanded and the interest rate? a. a constant relationship b. an inverse relationship C. a positive ... WebThis problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer. Question: Which of the following is not a desirable characteristic of a currency? A) dynamic B) uniform. Which of the following is not a desirable characteristic of a currency?
WebDec 8, 2024 · Money has three general functions (characteristics): - medium of exchange - Mainly created as the substitute of barter, money has the elementary use as an intermediary when exchanging goods or services. - unit of account - In order to compare the value of certain goods and services, it is essential to measure them. WebJun 26, 2024 · Which of the following is NOT a characteristic of money? A. It is transferable. B. It is difficult to divide. C. It is easy to carry around. D. It is accepted everywhere. Advertisement AnimeBrainly Answer: D. It is accepted everywhere. Explanation: This is not true, especially in 3rd world countries.
Webdesirable (dɪzaɪərəbəl ) adjective Something that is desirable is worth having or doing because it is useful, necessary, or popular. [...] desirability (dɪzaɪərəbɪlɪti ) uncountable noun See full entry for 'desirable' Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers Related word partners desirable characteristic WebWhat are the desirable characteristics of the good used as money? Multiple Choice (Select all that apply) A Money is a store of value. B Money is a medium of exchange. …
WebNov 30, 2024 · Money is any item or medium of exchange that is accepted by people for the payment of goods and services, as well as the repayment of loans. Money makes the world go 'round. Economies rely on ...
WebMay 15, 2024 · Durability, mobility, divisibility, uniformity, limited supply, and acceptability are some of the traits of money. In order for money to be a reliable … greenwoodpediatrics.comWebApr 7, 2024 · Money can be used conveniently for deferred payments which need to be paid by individuals. It has become the standard for payments made presently or in the … greenwood park mall summer concert seriesWebDesirable characteristics for money do not include a.divisibility b.portability c.durability d.not being of uniform quality e.a stable supply 12. If a society chooses fiat money as its money form, it a.must guarantee its convertibility into gold b.must worry about its liquidity c.cannot make use of a banking system greenwood pediatric dentistry seattleWebBanking deals with individuals and lends them money. 109. Characteristics of retail banking a.Targeted at indivalidual customers and mass market segmentb.offer various liability assets and service products to individuals c.Delivery model of ATM’S internet and mobile banking d.all of the above. d. all of the above. greenwood park mall shooting july 2022WebTop eight qualities of an ideal money material are: 1. General Acceptability 2. Portability 3. Indestructibility or Durability 4. Homogeneity 5. Divisibility 6. Malleability 7. Cognizability … foam robot arm craftWeb22. A saving account in a bank represents the function of money: A. A measure of value. B. A medium of exchange. C. A standard for deferred payments. D. foam robot armWebJul 4, 2024 · Money is a system of value that facilitates the exchange of goods in an economy. Using money allows buyers and sellers to pay less in transaction costs, compared to barter trading . The first... greenwood pediatrics fax number