CSEC POB January 2024 Paper 1

Private enterprise is run MAINLY to

• Create Profit

• Reduce Inflation

• Provide jobs for more people

• Distribute goods and services fairly

Which of the following is NOT a function of money?

• Medium of exchange

• Measure of value

• Store of value

• Indivisibility

Which of the following forms of payment is considered legal tender?

• Money order

• Cheque

• Bank note

• Postal order

• A

• B

• C

• D

• A

• B

• C

• D

• A

• B

• C

• D

• A

• B

• C

• D

• A

• B

• C

• D

• A

• B

• C

• D

• A

• B

• C

• D