All of the Following Except One Are Characteristics That Money

question 70

Multiple Choice

All of the following except one are characteristics that money should possess.Which is the exception?

• A)It should have general acceptability.
• B)It should be divisible.
• C)It should be convertible into gold or other precious metals.
• D)It should be portable.
• E)It should be durable.

Identify different social systems and their characteristics.

Distinguish between progressive and regressive taxes and their effects on different income groups.

Recognize the role of economic systems and policies in creating work-related poverty.

Understand the historical developments leading to modern capitalism and its effects.

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Definitions:

Behave Differently

The alteration in an individual's actions or reactions in various situations or under different circumstances.

Understand

The ability to grasp the meaning, significance, or nature of something.

People

Human beings collectively, often referred to within the context of social, professional, or cultural groups.

Environmental Factors

External elements such as economic, political, social, and physical conditions that influence individuals or organizations.