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The six characteristics of money are; durability, portability, divisibility, uniformity, limited supply and acceptability. true or false?
true The six characteristics of money are; durability, portability, divisibility, uniformity, limited supply and acceptability.
Expert answered|cacaides|Points 110|
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Asked 5/22/2013 3:59:36 PM
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What occurred during the Free Banking Era? a. Currency varied widely from state to state. b. Repaying of loans was not closely monitored. c. The Second Bank of the United States was established. d. The dollar bill was introduced.
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In the 1800s, people in mining towns in the West often paid for goods with gold nuggets or gold dust. What was the function of gold? a. It was used as part of a barter system. b. It was used as a currency. c. It was used as representative money. d. It was used as fiat money.
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