A. special commodities B. exports C. imports D. the value of a commodity Correct Answer: Option D - the value…
A. provide funds for long-term financing B. provide funds short-term financing C. stabilize the value of the local currency D.…
A. liquidity ratio B. cash reserve ratio C. minimum lending rate D. aggregate credit ceiling Correct Answer: Option B -…
A. paper money B. standard money C. commodity money D. fiat money Correct Answer: Option D - fiat money
A. 100 B. 200 C. 240 D. 300 Correct Answer: Option B - 200 Explanation Price index is gotten by…
A. N0.5m B. N1.5m C. N2.6m D. N8.0m Correct Answer: Option A - N0.5m Explanation MPC is a proportion of…
A. 8 B. 4 C. 3 D. 2 Correct Answer: Option B = 4 Explanation The Multiplier is calculated as…
A. net exports from GNP B. subsidies from GDP C. taxes from GDP D. depreciation from GNP Correct Answer: Option…
A. a common elasticity in different markets B. different elasticities in different markets C. a finite elasticity in all markets…
A. determine the quality of their products B. determine the scale of their products C. restrict information flow to new…