Question

6. Which of the following is one of the characteristics of money?
(a) easily reproducible by people
(b) unlimited value
(c) divisible into usable quantities​

Answer 1

Answer:

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Explanation:

option b is the correct answer

Answer 2

(c) divisible into usable quantities ​is one of the characteristics of money.

• The ability to divide money into smaller amounts is a must. Transactions of all sizes and amounts are made feasible by the existence of money that is divisible.
• Money needs to be rare enough to have some worth, but not impossible to obtain. Pebbles, which fit some of the other requirements, would not be a good substitute for money because of their accessibility. Prices and inflation rise when there is an excess of money in circulation. Governments manage money shortage by regulating the amount of currency in circulation.
• Anything used as currency needs to be sturdy. When a perishable, like a banana, degrades, it loses its value as money. Even in the distant past, societies used long-lasting means of payment like paper money and metal coins.
• A good's ability to be divided into smaller parts without losing value is known as divviness. Because different amounts are routinely used in economic transactions, a currency must be divisible in order to be widely used in an economy.

Hence, the correct answer is c)divisible into usable quantities​.

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