Question

In order for money to have value and must have all of the following characteristics except?

1) A divisibility
2) portability
3) plentiful ability
4) durability

Answer 1

Money must have characteristics such as divisibility, portability, durability, and the ability to serve as a store of value to have value. However, it does not need to be in abundant supply.

Step-by-step explanation:

In order for money to have value, it must have the following characteristics: divisibility, portability, durability, and ability to serve as a store of value. Plentiful ability is not a characteristic of money. Money needs to be easily divisible into smaller units to facilitate transactions, portable to be carried around for exchange, and durable to maintain its value over time. However, it is not necessary for money to be in abundant supply to have value.