Commerce
JAMB 2010
A characteristics of money which ensures that its value is not lost is?
-
A.
homogeneity
-
B.
easy portability
-
C.
divisibility
-
D.
relative scarcity
Correct Answer: Option D
Explanation
Relative Scarcity: Money must be relatively scarce, that is, it must not be too many so as not to lose its value.
Report an Error
Ask A Question
Download App
Quick Questions
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}