NECO Economics 2025 Objective — Question 17
Question 17 of 60 from the National Examinations Council (NECO) Economics 2025 Objective paper, with the correct answer and a full explanation.
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Which of the following is an advantage of a representative money? It
- A. can be used to control inflation
- B. is easily recognized
- C. is not generally acceptable
Explanation
Representative money (like checks, electronic transfers) reduces the need to carry physical currency, reducing the burden of carrying cash.
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