Which of the following is NOT typically considered an attribute of money in economics?

• A. Divisibility
• B. Portability
• C. Inflation
• D. Durability

Answer: (C)

Verified step by step guidance

1. Step 1: Understand the typical attributes of money in economics. Money is generally characterized by certain key properties that make it effective as a medium of exchange.
2. Step 2: Recall the common attributes of money, which include: Divisibility (money can be divided into smaller units), Portability (money can be easily carried), Durability (money lasts over time without deteriorating), and Acceptability (widely accepted as a means of payment).
3. Step 3: Analyze the options given: Divisibility, Portability, Durability, and Inflation. Notice that Inflation is not a property of money itself but rather an economic phenomenon related to the value of money over time.
4. Step 4: Conclude that Inflation is not an attribute of money but a macroeconomic concept describing the general increase in prices and decrease in purchasing power.
5. Step 5: Therefore, identify Inflation as the correct answer to the question asking which is NOT typically considered an attribute of money.