Qualities of money - SS1 Commerce Past Questions and Answers - page 1
1
Which quality of money ensures that it is widely accepted by individuals and businesses?
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A
Acceptability
B
Divisibility
C
Durability
2
Which quality of money ensures that it is widely accepted by individuals and businesses?
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A
Acceptability
B
Divisibility
C
Durability
3
What quality of money allows it to be easily divided into smaller units for transactions?
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A
 Acceptability
B
Divisibility
C
Durability
4
Which quality of money ensures that it can withstand wear and tear over time?
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A
 Acceptability
B
Durability
C
Portability
5
Which quality of money refers to its ease of carrying and transportation?
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A
Portability
B
Divisibility
C
Divisibility
6
What quality of money helps maintain its value by limiting its supply?
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A
Uniformity
B
Scarcity
C
Acceptability
7
Why is acceptability an important quality of money?
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8
How does the quality of divisibility contribute to the convenience of money?
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