QUESTION IMAGE
Question
25-26 economics q2 end-of-unit assessment
you can easily carry money in a pocket or purse. this reflects what characteristic of money?
legal tender
limited supply
durability
portability
Brief Explanations
To determine the correct characteristic of money, we analyze each option:
- "Legal tender" refers to money that a government has declared to be valid for payment of debts, which is not related to carrying money easily.
- "Limited supply" relates to the scarcity of money to maintain its value, not its portability.
- "Durability" refers to money's ability to withstand physical wear and tear, not its ease of being carried.
- "Portability" means money can be easily moved or carried from one place to another, which matches the description of carrying money in a pocket or purse.
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D. portability