• FULL EMPLOYMENT
• Jobs for all that want them. This does not mean zero UNEMPLOYMENT because at any point in time some people do not want to work. Also, because some people are always between jobs, there will usually be some FRICTIONAL UNEMPLOYMENT. Full employment means that everyone who wants work and is willing to work at the market wage is in work. Most governments aim to achieve full employment, although nowadays they rarely try to lower unemployment below the nairu: the lowest jobless rate consistent with stable, low INFLATION.
• FUNGIBLE
• You can't tell them apart. Something is fungible when any one single specimen is indistinguishable from any other. Somebody who is owed $1 does not care which particular dollar he gets. Anything that people want to use as MONEY must be fungible, whether it be GOLD bars, beads or shells.