Answers OC27 Economics-2102310-Sem-Meadows MoneyQuestion 1

1

AssignmentMultiple Choice

Money

Question 1 • (OC27) Economics-2102310-Sem-Meadows

What does it mean to say that money is divisible?

Answer

A

There is a limited supply of money available.

B

Money is easy to carry from place to place.

C

Larger denominations of coins and bills can be exchanged for smaller denominations.

D

Money is accepted as a way to make a payment anywhere in the US.

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