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The term 'Near money' is best described as
Question 1
Report
The term 'Near money' is best described as
a financial instrument that is readily convertible to cash
government financial instrument that is convertible to cash
time deposits with low interest rates
a financial asset that is convertible to cash
Answer Details
Read lesson note on Money And Inflation (WAEC)
Read lesson note on Financial Institutions (WAEC)
Money And Inflation
Financial Institutions
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