economics

Fiscal policy involves changes in?

A. open market operations B. revenue and expenditure of government C. money supply to the economy D. imports and exports…

5 years ago

One of the functions money is that, it helps?

A. detect frauds in matters of exchange B. postponed payments without loss of count C. store information about the valuation…

5 years ago

If high unemployment goes hand in hand with rising prices, the situation created is?

A. hyperinflation B. stagflation C. moderate inflation D. galloping inflation Correct Answer: Option B - stagflation

5 years ago

Bills of exchange originates from a?

A. central bank B. commercial bank C. community bank D. development bank Correct Answer: Option B - commercial bank

5 years ago

People hold money for?

A. charity B. safe keeping C. profit-making D. speculative purposes Correct Answer: Option D - speculative purposes  

5 years ago

The relationship between the value of money and the price level is?

A. direct B. unpredictable C. diverse D. inverse Correct Answer: Option D - inverse

5 years ago

Inflation which is caused mainly increases in the prices of factors of production is described as?

A. cost-push inflation B. demand-pull inflation C. crawling inflation D. spiral inflation Correct Answer: Option A - cost-push inflation

5 years ago

Non-bank financial intermediaries do not?

A. provide credit facilities B. accept deposits C. accept demand deposits D. sell shares Correct Answer: Option C - accept…

5 years ago

One of the major problems of product distribution in most developing countries is?

A. lack of storage facilities B. large number of middlemen C. inadequate manpower D. inadequate means of transportation Correct Answer:…

5 years ago

The value of the multiplier depends on?

A. MPC and level of income B. level of personal income C. level of personal savings D. government policy and…

5 years ago