Question

5 multiple answer 10 points multiple correct answers you are traveling on an airplane. select all the following that qualify as \portable\ characteristics of money as you travel through the air. in other words, if it cant fit with you on the plane within a reasonable amount of portability, it isnt characterized as a portable characteristic of money. a car that you wish to sell $5.00 in pennies fifty gold bars that weigh 25 pounds each a palm tree that you want to sell to someone in florida $500 in twenty dollar bills. 50 diamonds to sell to a jewelry store to be used on engagement rings 6 true or false 10 points \divisible\ as a characteristic of money means that if you cannot make the correct change, the money isnt functional (example: a countrys money must be able to be divided into smaller parts ($100 dollar bill, $20 dollar bill, $10 dollar bill, $5 dollar bill, $1 dollar bill, quarters, dimes, nickels, pennies)). true false

Explanation:

Question 5 (Multiple Correct Answers)

To determine portable characteristics of money, we check if the item can be reasonably carried on a plane:

• A car is large and not portable on a plane.
• $5.00 in pennies: Pennies are small and can be carried, so portable.
• Fifty 25 - pound gold bars: Too heavy and bulky to carry on a plane.
• A palm tree is large and not portable on a plane.
• $500 in twenty - dollar bills: Bills are lightweight and can be carried, so portable.
• 50 diamonds: Diamonds are small and can be carried, so portable.

The "divisible" characteristic of money requires that money can be divided into smaller denominations to make correct change. The example given (different dollar bills, quarters, dimes, etc.) shows that a country's money needs to be divisible into smaller parts for it to be functional. So the statement is correct.

Answer:

B. $5.00 in pennies, E. $500 in twenty dollar bills, F. 50 diamonds to sell to a jewelry store to be used on engagement rings

Question 6 (True or False)