COPYRIGHTED MATERIAL
LET'S PRACTICE
5. Do Classybucks have a stable value ? How can you tell? Is stability of value a function or a characteristic of money? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 6. Are Classybucks divisible ? How can you tell? Is divisibility a function or a characteristic of money? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 7. Transportability. Can Classybucks be carried or moved around? How can you tell? Is transportability a function or a characteristic of money? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 8. Are Classybucks difficult to counterfeit ? How can you tell? Is difficulty to counterfeit a function or a characteristic of money? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ Yes. We are told that the government of Classtopia issued Classybucks in limited supply, so we can assume the value will be stable . Stability of value is a characteristic of money. Yes. There are several denominations of Classybucks indicated by the different color paperclips. Divisibility is a characteristic of money. Yes. Paperclips are lightweight and easy to carry around. Transportability is a characteristic of money. Yes. We are told that the Classtopia insignia is difficult to forge . Difficulty of counterfeit is a characteristic of money. PRODUCT PREVIEW I have duly inspected and considered the functions and characteristics of Classtopia’s Classybucks. I have determined that Classybucks
are money in Classtopia
are not money in Classtopia
Signed:
MONEY SEAL OF APPROVAL
__________________________________________ Economist
43
THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY
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