Money that can be easily separated into smaller units of value has the characteristic of _____. denominations exchange divisibility durability
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The answer to this question is DIVISIBILITY
Money that can be easily separated into smaller units of value has the characteristic of DIVISIBILITY
Money that can be easily separated into smaller units of value has the characteristic of DIVISIBILITY
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Divisibility is characteristic of separating money into smaller unit value.
Explanation:
Among given options divisibility is one among the characteristic of dividing money into smaller units.
Divisibility must be created based on economic condition of the country. It will show economic condition of the country as a whole. It will bring uniformity in the transaction.
Divisibility has three functions which is as follows,
- It will restore the value.
- It is the medium exchange.
- It will consider as units of account.
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