The Characteristics That Money Should Have Include

question 71

Multiple Choice

The characteristics that money should have include:

• A) portability, durability, and flexibility.
• B) durability, flexibility and stability.
• C) durability, portability, and non-homogeneity.
• D) scarcity, portability, and divisibility.
• E) portability, homogeneity, and flexibility.

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Definitions:

Sold Units

The quantity of product units sold within a specific time period.

Net Income

The total profit of a company after subtracting all expenses from revenue.

Preferred Dividends

Payments made to preferred stockholders, prioritized over dividends to common stockholders.

Common Stock

Common Stock represents equity ownership in a corporation, giving shareholders voting rights and a residual claim on corporate earnings and assets.