Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

One important characteristic of money is that it must be:
O A. made of some kind of metal.
O B. available in unlimited amounts.
C. easy to store and carry.
D. the same for all countries.
SUBMIT


Sagot :

It’s C, mostly by process of elimination.

A is instantly discardable because American dollar bills are not metal.

B is discardable because the opposite is true. Money must be available in limited amounts because scarcity is what gives currency value.

D is instantly discardable because not all countries use the same currency. A US dollar is not a Euro.

C is correct because money must be easily transferable, or it cannot be easily spent. If you cannot spend/use/transfer a currency, it has no value.