WAEC Economics 2011 Objective — Question 33
Question 33 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.
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Which of the following is not a reason for holding money?
- A. A. OstentationCorrect
- B. B. Speculation
- C. C. Transactions
- D. D. precautionary
Explanation
There are three reasons for holding money, and they are contained in options B to D. Option A is not one of them.
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