Which Of The Following Is A Desirable Property Of Money?
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which of the post-obit desirable property of money is not e'er needed?
A. Scarcity.
B. Portability.
C. Divisibility.
D. Uniformity.
E. Homogeneity.
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1 Approved Respond
Devatha one thousand
Money must take the properties that it tin serve as a medium of commutation, unit of account, and store of value. To be a good unit of measurement of account it must exist divisible, fungible and have some specific weight, measure or size to be verifiably valued. This ways that C, D, and E are needed. Money should likewise have scarcity. That is, if it had no scarcity, it would non be valuable at all (imagine something like leaves, which are generally non as well deficient, were to be used every bit money). Portability is...
he only of these properties that is not a necessary holding of money (although it is very user-friendly). One instance that comes to heed, is an island in the Pacific that used very large stones (some in backlog of 1 ton) as a currency. These were not very portable, but were nonetheless successfully used. The best reply is then B
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