The Functions and Characteristics of Money

When we carry money in our wallet, money is fulfilling the characteristic of what?

• Durability

• Transportability

• Divisibility

• Medium of exchange

How many functions of money are there?

• 3

• 2

• 1

• 4

When money stays the same shape, it is what?

• Unable to counterfeit

• Divisible

• Transportable

• Durable

When we can break money down into smaller units, what characteristic is money fulfilling?

• Divisibility

• Unit of account

• Durability

• Store of value

If we put $25 in our piggy bank, and two weeks later, we still have $25 dollars, what function has money fulfilled?

• Medium of exchange

• Durability

• Store of value

• Unit of account