Which of the following characteristics of money refers to the ability of a dollar bill to be handled a hundred times without significant wear and tear?
A) Portability
B) Divisibility
C) Durability
D) Stability
E) Exchangeability
Correct Answer:
Verified
Q21: _ charge a penalty for withdrawing money
Q22: In general,the longer the term of a
Q23: _ are preferred over currency for many
Q24: Savings accounts are also known as:
A)interest deposits.
B)term
Q25: In some countries with very high inflation
Q27: A check:
A)has a higher risk of loss
Q28: _ are savings accounts that guarantee a
Q29: Why is the life span of a
Q30: The acronym NOW,when used by financial institutions,stands
Q31: Coins are used primarily to provide:
A)acceptability.
B)inimitability.
C)divisibility.
D)stability.
E)portability.
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