Which of Following Is NOT an Important Characteristic of Money

question 54

Multiple Choice

Which of following is NOT an important characteristic of money?  

• A) its general acceptability 
• B) its commodity value 
• C) its divisibility 
• D) its stable value

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Definitions:

Type II Error

In statistical hypothesis testing, the error that occurs when one fails to reject a false null hypothesis (a false negative).

Significant

Indicates that the results in statistical analysis are likely not due to chance, and there is a certain degree of reliability in the findings.

Power

The probability that a statistical test will correctly reject a false null hypothesis, a measure of a test's capability to detect an effect when there is one.

Hypothesis Testing

A statistical method used to evaluate the plausibility of a hypothesis by using sample data.