brunfieldandre brunfieldandre
  • 09-04-2018
  • Social Studies
contestada

Which of the following is a characteristic of money?

indivisibility

variation

limited life

limited supply

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Erudite1
Erudite1 Erudite1
  • 09-04-2018
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. 
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