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O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2021 · Q91 Mark

It is expected that consumers will use less paper money. What is the most likely reason for this?

AInflation reduces the value of paper money.
BMore ways of making payments will be available.
COther forms of money are more durable.
DPaper money will have less intrinsic value.

✓ Correct answer

B: More ways of making payments will be available.

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About this question

Topic
Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2021 Paper 1 Variant 1, question 9.

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