Functions and Characteristics of Money

Front

Currency should be portable. This means:

Back

You can carry it easily.

Front

Currency should be durable. This means:

Back

It must be tough so it doesn't break.

Front

Currency should be limitable. This means:

Back

You can control how much of it is in use.

Front

Currency should be divisible. This means:

Back

You can use smaller pieces of it if you want.

Front

Currency should be durable. This means:

Back

It must be tough so it doesn't break.

Front

Currency should be portable. This means:

Back

You can carry it easily.

Front

Currency should be divisible. This means:

Back

You can use smaller pieces of it if you want.

Front

What is the primary function of money exhibited when you sold your game system to your friend Jimmy for $125 and saved that money to buy a new computer next year?

Back

Store of Value

Front

The fact that money can be stored or saved, must keep its value, and must be non-perishable describes what function of money?

Back

Store of Value

Front

What function of money is Bob engaging in when he goes to the checkout counter to pay for his shoes? Options: Medium of Exchange, Portability, Divisibility, Store of Value

Back

Medium of Exchange