Answered

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In order for money to work properly, individuals and businesses in a country must be willing to receive it as payment for goods and services. This is an element of which characteristic of money?

Sagot :

Answer: Value

Explanation:

Money is primarily an exchange for goods and services. In order for money to work properly, individuals and businesses in a country must be willing to receive it as payment for goods and services, but that notion is gradually going down the drain as many people want to make money on a quick basis not minding the means the money comes. When money losses it's value, the product or service also losses it's value

Acceptability

People that use money must agree that it is a valid medium of exchange; they must accept it

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