JAMB Economics 2023 Objective — Question 30

Question 30 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2023 Objective paper, with the correct answer and a full explanation.

The most important attribute of money is

A. (A) acceptability
B. (B) scarcity
C. (C) recognisabilityCorrect
D. (D) divisibility

Explanation

Money's most important attribute is that it can be easily recognized as money by all who use it.

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