For Money to Be an Acceptable Medium of Exchange Which

question 69

Multiple Choice

For money to be an acceptable medium of exchange which of the following are necessary?

• A) It must be scarce, divisible, portable, and durable.
• B) It must be distributable, durable, comparable, and valuable.
• C) It must be portable, sortable, valuable, and divisible.
• D) It must be compatible, comparable, scarce, sortable.

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Definitions:

Defined Objectives

Specific, measurable goals set by a business or individual to guide activities and assess performance.

Measurement Maps

Tools or methods used to visually represent and assess quantitative data or metrics.

Frequency

The number of occurrences of a repeating event per unit of time.

Exposed

Being in a state of vulnerability or subject to potential harm, physically, emotionally, or socially.