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QUESTION
In the context of characteristics of money, the principle of stability: requires money to be readily acceptable for the purchase of goods and...
In the context of characteristics of money, the principle of stability:
requires money to be readily acceptable for the purchase of goods and services.
requires all items used as money to be valued in terms of comparable units.
allows people to postpone purchases without fear that money will decline in value.
destroys the ability of money to store value and serve as an effective medium of exchange.
ensures that money is light weight and portable.
