0.4. Answer the following:
1) Explain the features of wealth.
Ans- 1) Utility:
2)Scarcity:
3)Transferability:
4)Externality:
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Answers
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Explanation:
2) Scarcity.
I think this is the right answer
Answered by
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I think all of these are features of currency(money).....
1)Utility means the usage of money ie. nowadays everything works on money only unlike the olden days barter system....
2)Scarcity.....I personally would rather link it to poverty and the lack of currency
3)Transferability means that we can transfer money in various forms these days like online banking or NEFT or hard cash of course....
4)Externality means that we can convert one form of currency to another for example rupees to dollar......HOPE IT HELPS....PLZ MARK ME AS THR BRAINLIEST
1)Utility means the usage of money ie. nowadays everything works on money only unlike the olden days barter system....
2)Scarcity.....I personally would rather link it to poverty and the lack of currency
3)Transferability means that we can transfer money in various forms these days like online banking or NEFT or hard cash of course....
4)Externality means that we can convert one form of currency to another for example rupees to dollar......HOPE IT HELPS....PLZ MARK ME AS THR BRAINLIEST
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