1. Acceptability is a characteristic because money cannot be unacceptable for or by any individual while doing transactions like settling a debt or for the purpose of purchasing. In case of acceptability, there is presence of money by U.S. to convert to dollars and vice versa in other countries. Divisibility is a characteristic because money has to be effectively divisible in smaller denominations for convenience of individuals. There can be money in U.S. converted and divided into smaller denominations like cents. Portability is another characteristic as money can be moved from one place to another. The U.S. dollar can also be transported conveniently. Stability is another characteristic so that the face value of money can be maintained for consistency. In U.S. the value of $10 will always be the same anytime used anywhere. Durability is another characteristic for money to be durable to be reused for several years. In U.S., there is changing of the paper and other materials used for making every dollar after some years. 2. There can be a credit limit set for a customer by a financial institution or any specific bank so that the customer can use the credit card up to that limit. In case of a debit card, there is no limit set by any financial institution or bank because the customer is using his or her own money and not taking credit from any financial institution or bank. There is direct electronic transfer of money from the holder of the debit card to the desired merchant. The popularity of credit cards in U.S. is mostly because of doing more online transactions and buying commodities from different countries. Moreover, there is credit conveniently accessed by U.S. customers via credit cards. There is no need of checking the amount of money present in the card like in a debit card. 3. The first goal must be to ensure that there can be supervision of insurance programs which are related directly to every type of federal deposits. However, these deposits must be applicable to banks which have to be compulsorily be under the responsibility and association of the Federal Reserve system. The second goal must be to ensure that all types of clearing procedures of all types of checks at the national as well as at the regional levels are looked after properly. The third goal is to ensure that every type of financial institution as well as every type of bank in every area of operations can be regulated. The fourth goal is to ensure that there can be supply of money regulated as well as controlled. 4. All the checks of the Federal Reserve are written in the account of the Federal Reserve to every seller to whom the Federal Reserve makes every type of investment. This happens in case of buying of securities by the Federal Reserve. There is enhancement of the supply of money by the Federal Reserve by the transferring of required balance to the required account of the required seller by the Federal Reserve from its account. This happens