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UI Post-UTME Economics 2024 (Model questions) Question 4

Question 4

Money and Inflation

Which property the paper money does not possess:

  1. A.acceptability
  2. B.Divisibility
  3. C.Durability
  4. D.Portability
Show the answer and explanation

Answer: C (Durability)

Explanation

Paper money tears, wears and burns easily, so it is not very durable, though it is accepted, divisible and portable.