Which of the Following Best Describes the Portability Characteristic of Money

question 76

Multiple Choice

Which of the following best describes the portability characteristic of money?

• A) It neither dies nor spoils and if it wears out, it can be replaced.
• B) Units of money can be matched with the value of goods.
• C) It can be exchanged across national borders.
• D) It allows people to measure the relative value of goods and services.
• E) It is light and easy to handle.

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Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.