Match the six characteristics of money with their descriptions(6 points)
Money can be moved around easily
Money must be acceptable as a unit of exchange, meaning both buyers and sellers must believe that money has value.
Each unit of money has a specific value
Money must be rare enough that not everyone can make their own, or the money has no value.
Money can last for a long time without degrading in value or usefulness
Money can be divided up or used to make change
answers
portability, divisibility, durability, limited supply, acceptability, uniformity
Portability - Money can be moved around easily
Acceptability - Money must be acceptable as a unit of exchange, meaning both buyers and sellers must believe that money has value.
Uniformity - Each unit of money has a specific value
Limited supply - Money must be rare enough that not everyone can make their own, or the money has no value.
Durability - Money can last for a long time without degrading in value or usefulness
Divisibility - Money can be divided up or used to make change.