Which of the following BEST describes the stability characteristic of money? A) Units of money do not expire after a certain time limit. B) Units of money of different nations are easily converted to other units of money. C) Units of money can be matched with the value of goods. D) Units of money allow people to measure the relative value of goods and services. E) Units of money have relatively constant value.

Question

Quizplus · Accepted Answer

The stability characteristic of money refers to its ability to maintain a relatively constant value over time. This allows people to make accurate predictions about future prices and to compare the value of goods and services over time. The other options may also be characteristics of money, but do not specifically address stability.

Which of the Following BEST Describes the stability Characteristic of Money