asked 157k views
3 votes
Which of the following is a characteristic of money?

indivisibility

variation

limited life

limited supply

1 Answer

1 vote
The correct option is LIMITED SUPPLY.
Money refers to anything that is generally accepted as a medium of exchange and as a settlement of debts. There are six principal characteristics of money, these are: durability, portability, limited supply, divisibility, uniformity and acceptability. Limited supply means that money is available only in limited quantity.
answered
User Hulufei
by
8.4k points

Related questions

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.