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What are the Qualities of Good Money

November 11, 2014 By Salman Qureshi Leave a Comment

Qualities of Good Money: Qualities of good Moneyis material should be economical. The cost of printing currency notes a minting of coins must be low. The material of money must be easily available at reasonable prices. Qualities of good Money are determined by the following points: General acceptance Portable Durable: Divisibility: Store-ability Durability Recognizable Economically Conclusion these […]

Filed Under: Principles of Banking Tagged With: Qualities of Good Money, what are the Qualities of Good Money

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