When you purchase a package of gum at the grocery store for $1.30 and you hand the clerk a $5 bill, she gives you three dollar bills, two quarters and two dimes in change. which characteristic of money does this best represent?
When
you purchase a pack of gum for $1.30 and you handed the clerk a $5 bill, and in
return, you get bills and coins for your change, this is a clear example of
money’s characteristic called divisibility. It means that money is easily
divided into small units due to the availability of different denominations
ranging from coins of lower value to bills of higher value.
