by Sunday | Oct 27 | Economics JAMB
A. various bills are exchanged B. short-term and medium-term loans are obtained C. shares are bought and sold D. short-term loans are obtained Correct Answer: Option A – various bills are exchanged
by Sunday | Oct 27 | Economics JAMB
A. the number of buyers and sellers is small B. individuals cannot influence prices C. the quality of products remains the same D. prices will always remain constant Correct Answer: Option B – individuals cannot influence...
by Sunday | Oct 27 | Economics JAMB
A. decrease in aggregate supply B. fall in the inflation rate C. rise in the inflation rate D. fall in aggregate demand Correct Answer: Option C – rise in the inflation rate
by Sunday | Oct 27 | Economics JAMB
A. marginal cost curve is tangential to the average fixed cost curve B. demand curve is tangential to the average variable cost curve C. supply curve is tangential to the marginal cost curve D. demand curve is tangential to the average cost curve Correct Answer:...
by Sunday | Oct 27 | Economics JAMB
A. Central Bank B. Securities and Exchange Commission C. Nigerian Deposit Insurance Corporation D. Stock Exchange Market Correct Answer: Option B – Securities and Exchange Commission
by Sunday | Oct 27 | Economics JAMB
A. Rate of advertisement B. Level of producers income C. Tastes of the consumers D. Size of the market Correct Answer: Option D – Size of the market