explain any four characteristics of money. Pls explain in brief
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1
Answer:
Characteristics of Money:-
☞Valuable
☞Portable
☞Durability
☞Hard to counterfeit
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2
Explanation:
Money is defined as anything widely accepted as final payment for goods and services. ... In order for money to function well as a medium of exchange, store of value, or unit of account, it must possess six characteristics: divisi- ble, portable, acceptable, scarce, durable, and stable in value.
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