Which of the following observations is not true?
A)Money is divisible.
B)The value of money never remains the same.
C)Money has an intrinsic value.
D)Money is the most liquid form of asset.

Name: Which of the following observations is not true? A)Money is divisible. B)The value of money never remains the same. C)Money has an intrinsic value. D)Money is the most liquid form of asset.
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Question

Quizplus · Accepted Answer

Money does not inherently have intrinsic value. Its value is assigned and agreed upon by society and the economy.

Which of the Following Observations Is Not True