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The total stock of money available for use in an economy is

Economics
JAMB 2015
The total stock of money available for use in an economy is
  • A. supply of money
  • B. value of money
  • C. demand for money
  • D. attribute of money
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Correct Answer: Option A
Explanation
supply of money is the total amount of money circulating outside the banking system including money on current account over a given period of time
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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now