S11451960 S11451960
  • 24-06-2022
  • Chemistry
contestada

Which characteristic of money explains why an old dollar is worth as much as a crisp, new dollar?

Respuesta :

Oseni
Oseni Oseni
  • 27-06-2022

The characteristic is uniformity.

Uniformity of money

Money is said to be uniform because irrespective of the nature it exists, the same amount must have the same purchasing power.

For example, a dollar in paper form and a dollar in coin form must be able to buy the same 1 dollar worth of goods.

Thus, a dollar bill, irrespective of its age, has the same purchasing power as a new, crisp dollar bill.

More on uniformity of money can be found here: https://brainly.com/question/17039370

#SPJ1

Answer Link

Otras preguntas

___ is the ability of an organism to change internally to externally in relation to its environment
I DONT UNDERSTAND THIS PLEASE
how do i find the area of a cone when all i get is radius and theta? radius = 5 theta = 52°
diary entry visiting a black school being white​
Dan is on his way home in his car. He has driven 10 miles so far, which is one-half of the way home. What is the total length of his drive?
what would be the u to usub and what would be the steps to solving this integral?
What is object? How is Od different from Oi? Example.
Help asap please and thank you
I come from a city that is located in the southern part of the country.
20. A semiconductor is a crystalline solid that conducts current under any condition metallic solid that conducts current under any condition metallic solid tha