by Sunday | Oct 28 | Economics JAMB
A. an Act of the National Assembly B. the highest denomination of the currency C. demand for and supply of foreign goods D. the system of government Correct Answer: Option C – demand for and supply of foreign goods
by Sunday | Oct 28 | Economics JAMB
A. nature of the goods and services to be provided B. time frame of the expenditure C. source of the revenue generated D. amount of expenditure involved Correct Answer: Option B – time frame of the expenditure
by Sunday | Oct 28 | Economics JAMB
A. its existence is limited by an individual’s life span B. it relies on the decision of friends to succeed C. the possibility of conflict in management is virtually non-existent D. it enjoys limited liability for debt in the event of failure Correct Answer:...
by Sunday | Oct 28 | Economics JAMB
A. mobilized as long-term debt instruments B. traded on a recognized stock market C. bought and sold purely for development purposes D. mobilized as short-term debt instruments Correct Answer: Option B – traded on a recognized stock...
by Sunday | Oct 28 | Economics JAMB
A. open market operations B. margin requirement C. reserve ratio D. discount rate Correct Answer: Option A – open market operations
by Sunday | Oct 28 | Economics JAMB
A. creeping inflation B. cost-push inflation C. stagflation D. demand-pull inflation Correct Answer: Option D – demand-pull inflation