which of the following is not a characteristics of money?

OyinkanEmma

4 years ago

is money not mobile?.
how is the answer not scarcity

Danielnneji

1 year ago

Please re-confirm
scarcity is NOT a characteristic of money
Scarcity is more of a correct answer than mobility
in this context mobility is how easy it is for money to be moved from one place to another

chisom2009nnamdi

1 year ago

Mobility is more preferable than all other options. Mobility is the movement of money and it doesn't matter if it's heavy ot light.
Scarcity- it must be worked for
Divisibility- it must be broken into smaller units
Durability- it must last longer
Homogeneity- it must be recognised by all.