All of the following are necessary criteria for a commodity to function as money except
A) it must deteriorate quickly.
B) it must be divisible.
C) it must be easy to carry.
D) it must be widely accepted.

Question

Quizplus · Accepted Answer

The criterion that a commodity must deteriorate quickly is not necessary for it to function as money. In fact, stability and durability are desirable characteristics for a commodity to function as money. The other criteria listed (divisibility, ease of carry, and wide acceptance) are necessary for a commodity to function as money.

All of the Following Are Necessary Criteria for a Commodity