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The value of money depends primarily on?
Classroom
Economics Classroom
Jamb
Jamb 1980
Money And Inflation
The Value Of Money And The Price Level
More Topics
The value of money depends primarily on?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
The gold backing of the currency
B
The gold backing of both currency and deposit
C
The general price level
D
Government decree that it is legal tender
E
None of the above
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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