Money (Economics)

Front

A Divisible Characteristic of Money is...

Back

It can be broken into smaller parts.

Front

A Portable Characteristic of Money is...

Back

It can be transported

Front

An Acceptable Characteristic of Money is...

Back

People accept it as payment.

Front

A Scarce Characteristic of Money is...

Back

It is relatively hard to obtain.

Front

A Durable Characteristic of Money is...

Back

It lasts a long time.

Front

A Stable Characteristic of Money is...

Back

Its value stays constant over time.

Front

A Uniform/Fungible Characteristic of Money is...

Back

All units are equal/ or equivalent

Front

Deposit accounts that pay interest but cannot be used for purchases.

Back

Savings Deposits

Front

Interest-bearing deposit accounts that are held for a fixed amount of time.

Back

Time Deposits

Front

Short-term mutual funds that only invest in liquid assets.

Back

Money Market Funds