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Money and interest rates

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Question 16

To function effectively within the financial sector of an economy, money must possess distinct characteristics and perform specific functions.

Which row in the table below correctly classifies each aspect of money?

Standard for deferred paymentPortabilityDivisibilityStore of value
Row AFunctionCharacteristicCharacteristicFunction
Row BCharacteristicFunctionFunctionCharacteristic
Row CFunctionFunctionCharacteristicCharacteristic
Row DCharacteristicCharacteristicFunctionFunction

Row A

Row B

Row C

Row D

Money and interest rates Questions

  1. A Level
  2. /Economics
  3. /Money and interest rates