WAEC Economics 2012 Objective — Question 38
Question 38 of 49 from the West African Examinations Council (WAEC) Economics 2012 Objective paper, with the correct answer and a full explanation.
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Which of the following is not a form of money?
- A. Coins
- B. Bank notes
- C. Bank balance
- D. Bank depositCorrect
Explanation
Bank deposit is not a form of money; it represents money held with a bank rather than money itself as a medium of exchange.
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