WAEC Economics 1999 Question 27

Question 27

Money and Inflation

One quality of money which makes it possible to be carried easily is its

  1. A.scarcity
  2. B.durability
  3. C.portability
  4. D.acceptability
Show the answer and explanation

Answer: C (portability)

Explanation

Portability means money is light and easy to carry about.