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WAEC Economics 2010 Question 32

Question 32

Money and Inflation

The total stock of money available for use in an economy is

  1. A.a function of money.
  2. B.a characteristic of money.
  3. C.the demand for money.
  4. D.the supply of money.
Show the answer and explanation

Answer: D (the supply of money.)

Explanation

The supply of money is the total amount of money in circulation.