1.Homogeneity: Anything that will serve as money must be the same everywhere.  2.Durability: It should be able to stand the test of time and also should not get spoilt.  3.Divisibility: Money should not be in one denomination.  4.Portability: It should be easy to carry about.  5.Scarcity: It should relatively scarce i.e.it should not be too … Read more