Desirable characteristic of money
WebWhich of the following is not a desirable characteristic of currency? Question 33 options: durable acceptable multiplicative uniform Expert Answer 100% (1 rating) The desirable characteristics of currency will include durability as wel … View the full answer Previous question Next question 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.
Desirable characteristic of money
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WebApr 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 … WebDec 28, 2024 · The medium of exchange converts worldwide exchanges into common terms to enable smooth trade transactions. Regardless of the location, the dynamics of money is easily understood by the participating parties. When exchange methods other than money are used, the parties may find it difficult to determine the value of the exchanged …
WebJun 7, 2024 · Portability – The ability to move and store the money with ease. Divisibility – The capacity to divide money into smaller portions for more ownership. Recognizability – … WebFeb 27, 2024 · 4. Conscientious. Someone with conscientious traits acts carefully and takes purposeful action. They aim to do what's right and to fulfill a duty. Conscientious people also have a higher level of self …
WebDec 15, 2015 · Infographic: The Properties of Money While a deeper look at moneydid raise many questions, there are at least somefoundational truths that can be discerned … 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?
WebThis is a characteristic of good money: Velocity of circulation of money means the number of times a unit of money When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is: If quantity of money increases 100%, other things remaining constant, value of money changes by:
WebApr 14, 2024 · Share : According to the Bank of England, in a modern economy, money is a type of IOU, but one that is special because everyone in the economy trusts that it will be accepted by other people in … bms and mrna and small moleculeWebCharacteristics of Money Money is generally accepted. In order for something to qualify as money, then it must be acceptable by the general... It is portable. Money is always … clever clayWebApr 1, 2024 · The six characteristics of money are durability, portability, acceptability, limited supply, divisibility and uniformity. Money acts … bms and pfizerWebOct 27, 2016 · 9. They are resilient. Highly desirable people don't get off track when things don't go as planned. They are resilient and expect things to bring a certain amount of stress, lack of predictability ... bms anmeldung winterthurWebTop 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 … bms anmeldung usterWebWhat 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 ... bms and hmsWebNov 18, 2024 · Money must have the properties that it can serve as a medium of exchange, unit of account, and store of value. To be a good unit of account it must be divisible, fungible and have some specific weight, measure or size to be verifiably valued. This means that C, D, and E are needed. Money should also have scarcity. clever claw fishing