by Sunday | Oct 21 | Economics JAMB
A. stock market B. development banks C. money market D. capital market Correct Answer: Option C – money market Explanation The money market is the trade-in short-term debt investments.
by Sunday | Oct 21 | Economics JAMB
A. ensuring technological security B. providing employment C. providing loans for investment D. creating more money Correct Answer: Option C – providing loans for investment Explanation Some challenges faced by Nigerian banks: Weak capital base. Ethics and...
by Sunday | Oct 21 | Economics JAMB
A. hyperinflation B. stagflation C. demand-pull inflation D. cost-push inflation Correct Answer: Option B – stagflation Explanation Stagflation is a condition of slow economic growth and relatively high unemployment, or economic stagnation, accompanied by rising...
by Sunday | Oct 21 | Economics JAMB
A. the rate of interest B. the level of savings C. the level of income D. general price level Correct Answer: Option A – the rate of interest Explanation The precautionary demand is dependent on the size of income, the availability of credit, and the rate of...
by Sunday | Oct 21 | Economics JAMB
A. N100 million B. N10 million C. N303 million D. N300 million Correct Answer: Option D = N300 million