Money has all the following characteristics except
A) portability.
B) durability.
C) difficult to counterfeit.
D) intangibility.
E) stability.
Correct Answer:
Verified
Q1: Money is a medium of exchange.
Q5: A savings account is the same thing
Q8: Fiat money is backed by gold.
Q9: The three important functions of money are
Q10: When currency is stable,it provides no incentive
Q11: When used to accumulate wealth,money functions as
Q13: Discuss the most important characteristic of money.
Q14: When a dollar bill is handled hundreds
Q15: The most important characteristic of money is
Q18: Because the U.S.government promises that its metallic
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