by Sunday | Oct 26 | Economics JAMB
A. Income B. Expenditure C. Injections D. Leakages Correct Answer: Option D – Leakages Explanation The outflow of income from the CFI is called leakages. Leakages take the form of: Savings Taxes...
by Sunday | Oct 26 | Economics JAMB
A. Retail price index B. Producer price index C. Price index D. Price deflator Correct Answer: Option D – Price deflator
by Sunday | Oct 26 | Economics JAMB
A. Decreasing the interest rate B. maintaining the interest rate C. Doubling the interest rate D. Raising the interest Correct Answer: Option B – maintaining the interest rate
by Sunday | Oct 26 | Economics JAMB
A. Mortgage institutions B. Investment companies C. Pension funds custodians D. Pension funds administrators Correct Answer: Option C – Pension funds custodians
by Sunday | Oct 26 | Economics JAMB
A. Enables many customers to operate joint accounts B. Reduces risk of bank fraud C. Enables a customer to operate many accounts from different locations D. Enables a customer to operate his account from different locations Correct Answer: Option D – Enables a...
by Sunday | Oct 26 | Economics JAMB
A. Wants, scarcity, choice and opportunity cost B. Wants, choice, scarcity and opportunity cost C. Scarcity, wants, choice and scale of preference D. Scarcity, choice, scale of preference and opportunity cost. Correct Answer: Option A – Wants, scarcity, choice...
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