Free account: track your progress — Sign up free

JAMB Commerce 2010 Objective — Question 30

Question 30 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2010 Objective paper, with the correct answer and a full explanation.

Advertisement

30. The scarcity feature of money is what gives it its value; the more scarce a money is, the valuer it is A. True B. False

  • A. TrueCorrect
  • B. False
  • C.
  • D.

Explanation

The scarcity feature of money is what gives it its value. The more scarce a money is, the valuer it is.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.