by Sunday | Oct 23 | Economics JAMB
A. appreciated B. decreased C. depreciated D. stagnated Correct Answer: Option D = stagnated
by Sunday | Oct 23 | Economics JAMB
A. special commodities B. exports C. imports D. the value of a commodity Correct Answer: Option D – the value of a commodity Explanation An ad valorem tax (Latin for “according to value”) is a tax whose amount is based on the value of a transaction...
by Sunday | Oct 23 | Economics JAMB
A. provide funds for long-term financing B. provide funds short-term financing C. stabilize the value of the local currency D. stabilize domestic prices Correct Answer: Option B – provide funds short-term financing Explanation Money market is a financial market...
by Sunday | Oct 23 | Economics JAMB
A. liquidity ratio B. cash reserve ratio C. minimum lending rate D. aggregate credit ceiling Correct Answer: Option B – cash reserve ratio Explanation Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold as...
by Sunday | Oct 22 | Economics JAMB
A. paper money B. standard money C. commodity money D. fiat money Correct Answer: Option D – fiat money
by Sunday | Oct 22 | Economics JAMB
A. 100 B. 200 C. 240 D. 300 Correct Answer: Option B – 200 Explanation Price index is gotten by diving the current market price by the base year price. Hence we have; Price index = 240/120 x 100 = 200
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.