Characteristics of Money Quiz

What is the first characteristic of money?

• Acceptability

• Durability

• Portability

• Divisibility

Which characteristic of money means that it should last a long time?

• Portability

• Divisibility

• Durability

• Acceptability

What does divisibility mean in terms of money?

• Money should last a long time

• Money should be easily divided into smaller amounts

• Money should be widely accepted

• Money should be easy to carry around

What does portability mean in relation to money?

• Money should be easy to carry around

• Money should be easily divided into smaller amounts

• Money should last a long time

• Money should be widely accepted

Which characteristic of money ensures that its value doesn't fluctuate too much over time?

• Acceptability

• Durability

• Portability

• Stability

What is the second characteristic of money?

• Portability

• Divisibility

• Acceptability

• Durability

What does acceptability mean in terms of money?

• Money should be widely accepted

• Money should be easy to carry around

• Money should last a long time

• Money should be easily divided into smaller amounts

What does stability mean in relation to money?

• Money should be easy to carry around

• Money should keep its value over time

• Money should last a long time

• Money should be widely accepted

What is the third characteristic of money?

• Acceptability

• Portability

• Durability

• Divisibility

What does durability mean in terms of money?

• Money should be widely accepted

• Money should be easy to carry around

• Money should be easily divided into smaller amounts

• Money should last a long time