Question

Describe four characteristics of US currency that make it a good choice for purchasing goods and services in our economy.

a) Durability, Portability, Divisibility, Recognizability
b) Uniformity, Rarity, Collectibility, Stability
c) Permanence, Consistency, Accessibility, Versatility
d) Authenticity, Efficiency, Transparency, Accountability

Answer 1

US currency has four characteristics that make it a good choice for purchasing goods and services: durability, portability, divisibility, and recognizability.

Step-by-step explanation:

The four characteristics of US currency that make it a good choice for purchasing goods and services in our economy are:

1. Durability: US currency is made from durable materials (cotton and linen) that can withstand wear and tear.
2. Portability: US currency is lightweight and easy to carry, making it convenient for transactions.
3. Divisibility: US currency is divisible into smaller units, such as dollars, quarters, dimes, nickels, and pennies, allowing for precise and flexible transactions.
4. Recognizability: US currency is easily recognizable with distinctive designs, colors, and security features, ensuring its authenticity.