Which of following is not an important characteristic of money?
A)general acceptability
B)has commodity value
C)divisibility
D)has stable value
E)none of the above

Question

Quizplus · Accepted Answer

Money does not necessarily need to have commodity value. In fact, most modern currencies are fiat money, meaning their value is not based on a specific commodity but is determined by government decree and market demand.

Which of Following Is Not an Important Characteristic of Money