A disadvantage of credit money is
A) elasticity of supply.
B) weight to value ratio
C) indivisibility.
D) none of the above.

Name: A disadvantage of credit money is A) elasticity of supply. B) weight to value ratio C) indivisibility. D) none of the above.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Credit money does not suffer from disadvantages such as elasticity of supply, weight to value ratio, or indivisibility, which are more relevant to physical forms of money like coins and bills.

A Disadvantage of Credit Money Is