WAEC Economics 2022 Objective — Question 35
Question 35 of 50 from the West African Examinations Council (WAEC) Economics 2022 Objective paper, with the correct answer and a full explanation.
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An example of commodity money is
- A. a currency note
- B. mobile money
- C. cheques
- D. silverCorrect
Explanation
Commodity money is an object that has intrinsic value and can also serve as money — silver is a classic example of commodity money.
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