by Sunday | May 24 | Economics WAEC
A. Development banks B. insurance company C. Mortgage banks D. merchant banks Correct Answer: Option C C. Mortgage banks
by Sunday | May 24 | Economics WAEC
A. demand less foreign exchange B. set up businesses C. rush to pay their taxes D. hardly wants to lend money Correct Answer: Option D D. hardly wants to lend money
by Sunday | May 24 | Economics WAEC
A. interest rate charged on the bank loans B. general price level C. size of a country’s gold stock D. volume of imports Correct Answer: Option B B. general price level
by Sunday | May 24 | Economics WAEC
A. Commercial banks B. discount houses C. development banks D. acceptance houses Correct Answer: Option C C. development banks
by Sunday | May 24 | Economics WAEC
A. transaction demand for money B. precautionary demand for money C. derived demand for money D. speculative demand for money Correct Answer: Option A A. transaction demand for money
by Sunday | May 24 | Economics WAEC
A. relatively scarce B. generally acceptable C. portable D. durable Correct Answer: Option B B. generally acceptable