A. Demand, supply B. Demand supply C. Demand = Supply D. Demand/Supply E. Demand = zero Correct Answer: Option A…
A. current account B. demand deposit C. deposit account D. bank deposit E. bank rate Correct Answer: Option C -…
A. workers are retrenched B. the colour of the naira is changed C. the government cuts all salaries and wages…
A. there are many buyers and few sellers B. the commodities bought and sold are homogenous C. there is free…
A. a perfect competitor B. a monopsony C. an oligopoly D. a discriminating monopoly E. a duopoly Correct Answer: Option…
A. buying more at a high price than at a low price B. buying more at a low price than…
A. the consumer's income B. the consumer's taste C. a change in population size D. a change in weather condition…
A. needs B. wants of the consumer C. all goods demanded in the market D. wants supported with the ability…
A. purchases tax B. import duty C. export duty D. excise duty E. poll tax Correct Answer: Option E -…
A. excessive bank lending B. budget deficit C. rising incomes D. shortage supply E. decrease in money supply Correct Answer:…