Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Economics
  6. /
  7. 1995
  8. /
  9. Q28
Question 28

The real value of money is

  • A.its face value
  • B.what it can buy ata a particular time
  • C.its rate of exchange with other currencies
  • D.its intrinsic worth
  • E.its rate of circulation
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1995
Question no.
#28
Type
Objective
Previous · Q27A budget is define as a Next · Q29 A tax whose rate increases as income increases is

More from this paper

  • Q24A point along a consumer's indifference curve shows
  • Q25If a monopolist is attempting to maximize profit , which of the following should…
  • Q26The greatest foreign exchange earner for Nigeria before the advent of petroleum…
  • Q30Which of the following best describes the multiplier?
  • Q31Net National Product (NNP) is equal to the
  • Q32Terms of trade simply means the price
See all Economics 1995 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy