A-LevelEconomicsThe macroeconomy9708/12 · May/June 2012 · Q41 Mark

What is considered as money if money is defined as anything which is always accepted for paying goods and services? [Figure 4.1]

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Ayes yes no

Byes no yes

Cno no yes

Dno yes no

✓ Correct answer

C: no no yes

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2012 Paper 1 Variant 2, question 4.

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