A. processing of raw materials for industries B. regulation of price system C. provision of infrastructure D. provision of employment…
A. excess capacity utilization B. low rate of population growth C. low level of standard of living D. low level…
A. low capital formation B. rural-urban migration C. over-dependence on oil D. poor developmental policies Correct Answer: Option D -…
A. encouraging investors B. curbing inflation C. regulating standard of living D. curbing deflation Correct Answer: Option B - curbing…
A. The cost of living decreases of that year B. The cost of living remains unchanged C. The value of…
A. stock market B. development banks C. money market D. capital market Correct Answer: Option C - money market Explanation…
A. ensuring technological security B. providing employment C. providing loans for investment D. creating more money Correct Answer: Option C…
A. hyperinflation B. stagflation C. demand-pull inflation D. cost-push inflation Correct Answer: Option B - stagflation Explanation Stagflation is a…
A. the rate of interest B. the level of savings C. the level of income D. general price level Correct…
A. N100 million B. N10 million C. N303 million D. N300 million Correct Answer: Option D = N300 million