one characteristic of money is that it should be - WAEC Economics 2017 Question
one characteristic of money is that it should be?
A
a standard of differed payment
B
stable in value
C
store of value
D
acceptance by the central bank
correct option: d
What Are the Main Characteristics of Money?
The main characteristics of money are durability, divisibility, portability, acceptability, limited supply and uniformity. Money serves as a store of value, a unit of account and as a medium of exchange. Durability of money means that it can be replaced when it is worn out.
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