Which of the following is not a form of money?

ECONOMICS
WAEC 2012

Which of the following is not a form of money?

  • A. coins
  • B. bank notes
  • C. bank balance
  • D. bank deposit

Correct Answer: C. bank balance

Explanation

Bank balance is the amount of money held in a bank account at a given moment. It is not a form of money, but rather the total amount of money owned by a bank customer at a particular point in time



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