NABTEB Economics 2025 Objective — Question 26
Question 26 of 60 from the National Business and Technical Examinations Board (NABTEB) Economics 2025 Objective paper, with the correct answer and a full explanation.
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Which of the following is a factor that determines the value of money in an economy?
- A. Cost of production
- B. Economic growth
- C. Market forces
Explanation
The value of money is inversely related to the price level - as prices rise, money's purchasing power (value) decreases and vice versa.
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