The key property of money is that it is:
A)always desired.
B)fluent.
C)liquid.
D)expensive.
E)not needed.

Question

Quizplus · Accepted Answer

The key property of money is that it must be liquid, meaning it can easily be converted into cash without loss of value. This ensures that it can be used as a medium of exchange for goods and services. Money that is not liquid, such as assets or property, cannot function as money because it cannot be easily converted into cash.

The Key Property of Money Is That It Is