Qualities of A Good Money - SS1 Economics Past Questions and Answers - page 1
1
Which quality of good money ensures that it is easily recognizable and distinguishable from counterfeit currency?
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A
Acceptability
B
Portability
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C
Recognizability
D
Durability
2
Which quality of good money ensures that it is easily divisible into smaller denominations?
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A
Acceptability
B
Divisibility
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C
Durability
D
Stability
3
Which quality of good money ensures that it is able to withstand wear and tear over time?
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A
Acceptability
B
Portability
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C
Durability
D
Uniformity
4
Which quality of good money ensures that it is stable in value over time?
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A
Limited supply
B
Stability
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C
Recognizability
D
Authenticity
5
Which quality of good money ensures that it maintains its worth over time?
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A
Acceptability
B
Store of value
Â
C
Durability
D
Uniformity
6
What is the quality of good money that ensures that it is widely accepted as a medium of exchange for goods and services?
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7
What is the quality of good money that ensures that it has a limited supply to prevent inflation?
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