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O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2012 · Q141 Mark

For anything to be used as money, it must be

Afixed value.
Bin fixed supply.
Clegal tender.
Dreadily acceptable.

✓ Correct answer

D: readily acceptable.

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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 2012 Paper 1 Variant 1, question 14.

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