223k views
5 votes
Cuditor Money

Question 2 of 10
Money needs to be divisible in order to:
A. be consistent with other money in a country.
B. be divided into smaller denominations as needed.
C. be easily carried and transferred over large distances.
D. be exchanged for a long time without falling apart.
SUBMITT

1 Answer

4 votes

Final answer:

Money needs to be divisible in order to be consistent with other money, be divided into smaller denominations, and be easily carried and transferred over large distances.


Step-by-step explanation:

Money needs to be divisible in order to:

A. be consistent with other money in a country.
B. be divided into smaller denominations as needed.
C. be easily carried and transferred over large distances.
D. be exchanged for a long time without falling apart.

Divisibility means that money can be divided into smaller units and still hold value. This allows for flexibility in purchasing and transactions. For example, if a person wants to buy a small item worth $1, they can easily use a $5 bill and receive change.

Divisible money is also important for international trade and finance. It ensures that currency can be exchanged and transferred across borders without difficulty. Without divisibility, transferring large amounts of money would be challenging and impractical.


Learn more about Divisibility of Money

User Sudhir Bhapkar
by
7.3k points