Which of the following is not considered a characteristic of money?

The correct response identifies that political stability is not considered a characteristic of money. Money is primarily defined by its ability to perform specific functions within an economy. These functions include being a medium of exchange, which facilitates transactions between parties; a store of value, which means that it can maintain its value over time and can be saved and retrieved in the future; and a measure of value, which allows for the valuation of goods and services and aids in establishing pricing.

While political stability is certainly important in the broader context of an economy and can influence the effectiveness and trustworthiness of money, it does not fit within the functional characteristics that define what money itself is. The presence of political stability may enhance the confidence people have in using a currency, but it does not directly describe how money functions in transactions or in the economy.