by Sunday | Mar 31 | Economics JAMB
A. Consumers B. The government C. The price mechanism D. All of the above Correct Answer: Option A = Consumers
by Sunday | Mar 31 | Economics JAMB
A. The gold backing of the currency B. The general price level C. Government decree that it is legal tender D. None of the above Correct Answer: Option B = The general price level
by Sunday | Mar 31 | Economics JAMB
A. Size of labour firm B. Availability of raw material C. Size of the labour force D. Absolute size of the country’s population Correct Answer: Option C = Size of the labour force
by Sunday | Mar 31 | Economics JAMB
A. Most Nigerians cannot identity them B. They are not legal tender C. There are no banks in rural areas D. They are not generally accepted as a medium of exchange Correct Answer: Option B = They are not legal tender
by Sunday | Mar 31 | Economics JAMB
A. The study of human behaviour in the allocation of scarce resources B. The study of money and banking C. The study of markets and prices D. The study of production and distribution Correct Answer: Option A – The study of human behaviour in the allocation of...
by Sunday | Mar 31 | Economics JAMB
A. Government budget surplus B. Increase in foreign reserves C. Decrease in foreign reserves D. None of the above Correct Answer: Option B = Increase in foreign reserves