In case your gives one person a $5 bill in 15 $1 bills and exchange for a $20 bill. He gives a second person a $10 bill, a $5 bill, and five 1 bills in exchange for a $20 bill .Which characteristics of money does this i l l u s t r a t e ?
This situation illustrates the characteristic of divisibility of money. Divisibility refers to the ability of money to be divided into smaller units or denominations to facilitate transactions of different amounts. In both cases, the $5 bill and the five $1 bills are being exchanged for a higher denomination bill, either a $20 bill or two $10 bills. This shows that money can be easily divided into smaller units to suit the needs of different transactions.
