Which of the following BEST describes the portability characteristic of money? A) If it wears out, it can be replaced. B) Units of money can be matched with the value of goods. C) It can be exchanged across national borders. D) It allows people to measure the relative value of goods and services. E) It is light and easy to handle.

Question

Quizplus · Accepted Answer

Portability of money refers to its ease of being transported and used in transactions, which is best described by it being light and easy to handle.

Which of the Following BEST Describes the portability Characteristic of Money