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WAEC Economics 2026 Question 42

Question 42

Money and Inflation

People prefer to hold money as cash rather than invest it because this will make it easy for them to

  1. A.measure their level of wealth
  2. B.ensure its value remains stable
  3. C.save in their deposit accounts
  4. D.purchase goods and services
Show the answer and explanation

Answer: D (purchase goods and services)

Explanation

Cash is needed for day-to-day transactions.