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Economics (AS & A Level) · Oct / Nov 2022 · Paper 12 · Question 1

9708Money and banking

What is a function of money?

  1. Ato act as a medium of exchange
  2. Bto be divisible into small units
  3. Cto enable bartering to take place
  4. Dto maintain its value when inflation is high

As printed in the paper

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Correct answer: A. to act as a medium of exchange

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