A characteristics of money which ensures that its value is not lost is?
Answer Details
The characteristic of money that ensures its value is not lost is relative scarcity. Money is a medium of exchange that has value and can be used to purchase goods and services. Relative scarcity means that money has a limited supply and is not readily available in abundance. This scarcity ensures that money retains its value over time and is not subject to depreciation or inflation. Therefore, relative scarcity is an important characteristic of money to ensure that it retains its value as a medium of exchange.