O-LevelEconomicsMicroeconomic decision makers2281/11 · Oct/Nov 2011 · Q151 Mark

The ways of making and receiving payments continue to develop. As well as cash, debit cards and credit cards, mobile (cell) phones are now being used to make payments. Which method of paying for products provides no information to sellers about their customers?

Acash

Bdebit cards

Ccredit cards

Dmobile (cell) phones

✓ Correct answer

A: cash

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2011 Paper 1 Variant 1, question 15.

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