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18 August, 07:42

Consumers consume money to satisfy their economic wants.

a. True

b. False

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Answers (1)
  1. 18 August, 07:56
    0
    To "consume" means to use as in drink or eat, or to buy something.

    Money in itself is not consumed: instead, it is used as a means of exchanged for a good which is consumed; therefore the correct answer is "False" - it is not true that consumers consume money.
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