Economics > 2014 > 47

WASSCE

Precautionary motive for holding money is to

A.
Meet daily and regular transactions
B.
take advantage of changes in prices of goods and services
C.
cover unforeseen events
D.
Cover expenses on house rent

Answer: C

To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.

Similar Questions

Practice with the best CBT software

Learn with innovative tools and excel in your forth-coming exam