Which quality best defines money that does not tie up otherwise valuable resources?
A) durable
B) portable
C) divisible
D) uniform quality
E) low opportunity cost

Question

Quizplus · Accepted Answer

The quality that best defines money that does not tie up otherwise valuable resources is low opportunity cost. This means that using the money does not require sacrificing use of other valuable resources, such as time or labor. While the other qualities listed (durable, portable, divisible, uniform quality) are important aspects of money, they do not necessarily guarantee low opportunity cost.

Which Quality Best Defines Money That Does Not Tie Up