Question

Which of the following is NOT a characteristic of money? A. It is transferable. B. It is difficult to divide. C. It is easy to carry around.
D. It is accepted everywhere.

Answer 1

Answer:

D. It is accepted everywhere.

Explanation:

This is not true, especially in 3rd world countries. As currency only holds as much value as is prescribed to it, if the money cannot be used, the money would not be accepted. Generally in 3rd world countries they will accept trades with goods and resources instead.

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Answer 2

Answer:

D. It is accepted everywhere.

Explanation:

Money is not accepted everywhere. Therefore, it's not a characteristic of money.

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