Qualities of A Good Money - SS1 Economics Past Questions and Answers - page 1
Which quality of good money ensures that it is easily recognizable and distinguishable from counterfeit currency?
Acceptability
Portability
Recognizability
Durability
Which quality of good money ensures that it is easily divisible into smaller denominations?
Acceptability
Divisibility
Durability
Stability
Which quality of good money ensures that it is able to withstand wear and tear over time?
Acceptability
Portability
Durability
Uniformity
Which quality of good money ensures that it is stable in value over time?
Limited supply
Stability
Recognizability
Authenticity
Which quality of good money ensures that it maintains its worth over time?
Acceptability
Store of value
Durability
Uniformity
What is the quality of good money that ensures that it is widely accepted as a medium of exchange for goods and services?
Acceptability
What is the quality of good money that ensures that it has a limited supply to prevent inflation?
Limited supply