If businesses do not take money as payment for goods and services, consumers will have to find another means of paying for purchases. This is why ________ is probably the most important characteristic of money.

Question

Quizplus · Accepted Answer

To be effective, money must be readily acceptable for the purchase of goods and services and for the settlement of debts. Acceptability is probably the most important characteristic of money: If people do not trust the value of money, businesses will not accept it as a payment for goods and services, and consumers will have to find some other means of paying for their purchases.

If Businesses Do Not Take Money as Payment for Goods