Which of the following is a consequence of the divisibility characteristic of money?
A) Units of money do not expire after a certain time limit.
B) Units of money can be accurately matched with the value of goods.
C) Units of money are easily carried.
D) Units of money have relatively stable value.
E) Units of money of different nations are easily converted to other units of money.
Answer: B
Explanation: B) Modern currency is easily divisible into smaller parts, each with a fixed value. For example, one dollar can be exchanged for 10 dimes. Thus, the actual value of goods can be approximated very well by units of money.
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