Question

Which characteristic of money explains that currency has a consistent numerical worth, whether in the form of a dollar or as one hundred one-cent pennies?
Standard
Store of value
Medium of exchange
Measure of value

Answer 1

The characteristic of money that explains that currency has a consistent numerical worth, whether in the form of a dollar or as one hundred one-cent pennies, is D. Measure of value.

Why is money a measure of value?

Money is a measure of value because it has a unitary expression.

In addition, money is a measure of value as it compares the value of different goods and services.

Money also facilitates the exchange of goods and services in daily transactions.  The value put on any exchanged goods and services is determined monetarily. Even the value derived from goods and services are usually quantified in monetary terms.

Thus, the characteristic of money that explains that currency has a consistent numerical worth is D. Measure of Value.

Learn more about money as a measure of value at brainly.com/question/3756801

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