Which of the Following BEST Describes the portability Characteristic of Money

question 64

Multiple Choice

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

• A) 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:

Broad

Encompassing a wide range or area; not limited or narrow in scope or extent.

Social Psychological

Pertaining to how individuals' thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Hypotheses

Tentative explanations or propositions made on the basis of limited evidence, serving as a starting point for further investigation.

Critical Component

An essential element or part that is crucial for the functioning or success of a system, process, or mechanism.