Question

Select the items that apply to money made from precious metals and paper.

A. easily divisible
B. valuable
C. durable
D. hard to transport

Answer 1

Answer;

B. valuable

C. durable

Step-by-step explanation

-Precious metals have been a proven store of wealth for thousands of years. In times of instability, they have been viewed by many as a safe haven, used to preserve wealth and add security to an otherwise uncertain financial future.

-Precious metals will always have inherent value because they are tangible and finite resources, uncontrolled by any single government or financial institution.

-There is quite a number of advantages of investing in precious metals, which includes; privacy, liquidity, diversification, liquidity, hedge against inflation, among other advantages.

Answer 2

From the choices above, only the first option and fourth option are not applicable as a characteristic for precious metals and paper. The metal and paper should be valuable but not more than its face value. It should be durable to withstand the mishandlings.