Which statements accurately describe a country’s currency? Select all that apply.The currency is easily divisible.The currency can be used in any other country.The currency has a value that can change.The currency has denominations.The currency has a value that must stay the same.
Answer
A
The currency is easily divisible.
B
The currency can be used in any other country.
C
The currency has a value that can change.
D
The currency has denominations.
E
The currency has a value that must stay the same.
Explanation
A currency is generally divisible into smaller units, and it is issued in denominations such as different coin and bill amounts. Its value can change relative to other currencies due to exchange rates. A country’s currency is not necessarily accepted in every other country, and its value does not have to stay the same.
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