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Economics (AS & A Level) · May / June 2026 · Paper 31 · Question 13

9708Money and banking

In 2008, the inflation rate reached more than 1 million % in Zimbabwe. This hyperinflation led to some Zimbabweans refusing Zimbabwean dollars as payment for goods and services. Which characteristic of money does this mean the Zimbabwean dollar was losing?

  1. Adivisibility
  2. Bgeneral acceptability
  3. Cintrinsic value
  4. Dlegal tender

As printed in the paper

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Correct answer: B. general acceptability

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