Which of the following is not a necessary characteristic of money?

Question

Quizplus · Accepted Answer

For money to function effectively in an economy, it must not be available in unlimited supply. If money were unlimited, it would lose its value due to inflation. The scarcity of money is what gives it value, ensuring that it can serve as a medium of exchange, a unit of account, and a store of value. The other characteristics listed (difficult to counterfeit, durable, and divisible) are indeed necessary for money to be practical and reliable in everyday transactions.

Which of the Following Is Not a Necessary Characteristic of Money