O Levels Economics (2281)•2281/13/O/N/20

Explanation
Matching Money's Characteristics and Functions
Steps:
- Recall characteristics of money: acceptability, divisibility, portability, durability.
- Recall functions of money: medium of exchange, measure of value, store of value.
- Examine each option for one characteristic paired with one function.
- Select the pair that correctly combines both.
Why A is correct:
- Acceptability is a core characteristic ensuring money is widely recognized; medium of exchange is a primary function allowing goods/services to be traded without barter, per economic definitions.
Why the others are wrong:
- B: Cash is a form of money, not a characteristic; measure of value is a function.
- C: Both divisibility and portability are characteristics, not a function.
- D: Store of value is a function; bank deposit is a form of money, not a characteristic.
Final answer: A
Topic: Money and banking
Practice more O Levels Economics (2281) questions on mMCQ.me