Question and answer
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|
Question
Asked 5/22/2013 3:59:36 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Penny is an artist, and John is a carpenter. Penny agrees to paint a portrait of John’s family in exchange for a handmade table created by John. How did Penny and John pay for the goods in their transaction? a. using a store of value c. through bartering b. with money d. with currency
Weegy: Penny and John paid for the goods in their transaction: c. through bartering. User: 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. Weegy: It was used as a currency. User: Which of the following correctly defines money as a unit of account? a. It determines whether a good has value. b. It is determined to be legal by the person in possession of it. c. It provides a means for comparing the values of goods and services. d. It does not retain its value when saved instead of spent Weegy: c. It provides a means for comparing the values of goods and services. -correctly defines money as a unit of account. User: One of the six characteristics economists use to judge how well an item serves as currency is divisibility. What does this concept mean? a. Currency must be divided into equal parts. b. Money must be indestructible and portable. c. Any two units of currency must be uniform. d. Money must be easily divided into smaller denominations. Weegy: The answer is d. Money must be easily divided into smaller denominations. User: What is the difference between commodity money and representative money? a. Commodity money consists of objects used as money that contain their own value, but representative money is a specific group of the commodity objects. b. Commodity money consists of objects that have value in and of themselves, but representative money makes use of objects because the holder can exchange them for something else of value. c. Representative money allows objects to be exchanged for something else, but commodity money has value because the government decreed it is an acceptable means to pay debts. d. Representative money consists of objects that have value in and of themselves, but commodity money makes use of objects ... (More)
Question
Expert Answered
Asked 5/22/2013 2:50:38 PM
0 Answers/Comments
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.
Weegy: It was used as a currency. User: Which of the following is an example of representative money? a. a fur coat c. gold earrings b. diamonds d. an IOU note Weegy: IOU note is an example of representative money. (More)
Question
Expert Answered
Asked 5/22/2013 3:46:47 PM
0 Answers/Comments
17,968,490 questions answered
Popular Conversations
How is the infinitive phrase used in the sentence? Morning is the ...
Weegy: To go to college is my greatest ambition. The infinitive phrase "to go to college" is used as noun as subject. ...
10/24/2014 11:04:05 AM| 5 Answers
Simplify. n 6 · n 5 · n 4 ÷ n 3 · n 2 ÷ n User: Find the ...
Weegy: What is your question? User: Simplify. y 5 ÷ y 3 · y 2 Weegy: y^5 ? y^3 ? y^2; y^8 ? y^2 = y^6 User: ...
10/24/2014 11:04:16 AM| 4 Answers
Brandon's huge collection of paper cranes come from his origami ...
Weegy: The correct sentence is: Brandon's huge collection of paper cranes comes from his origami hobby. User: ...
10/24/2014 7:48:30 AM| 3 Answers
William H. Crawford represented which ...
10/24/2014 7:25:41 AM| 2 Answers
Is the sentence compound, or is it simple with a compound verb? You ...
Weegy: Verb is a word (part of speech) that in syntax conveys an action (bring, read, walk, run, learn), an occurrence ...
10/24/2014 7:51:29 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2605 [Total 14980]| Ratings 0| Comments 2605| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1628 [Total 11109]| Ratings 4| Comments 1588| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 896 [Total 13125]| Ratings 0| Comments 896| Invitations 0|Offline
S
L
Points 612 [Total 2011]| Ratings 0| Comments 612| Invitations 0|Offline
S
1
L
L
Points 505 [Total 6299]| Ratings 3| Comments 475| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 454 [Total 455]| Ratings 6| Comments 394| Invitations 0|Offline
S
Points 277 [Total 277]| Ratings 1| Comments 267| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
L
Points 34 [Total 3572]| Ratings 2| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.