The exchange rate determined by market forces is known as?
A. pegged exchange rate B. floating exchange rate C. fixed exchange rate D. dual exchange rate Correct Answer: Option B – floating exchange rate
An association formed by a group of individuals solely for the marketing of their product is a?
A. credit and thrift society B. consumer cooperative society C. producer cooperative society D. voluntary organization Correct Answer: Option C – producer cooperative society
Economic growth can be accelerated through?
A. excess current consumption B. excess consumption over investment C. increased current consumption D. increased current investment Correct Answer: Option D – increased current investment
Nigeria’s exports usually comprise?
A. consumer goods B. capital goods C. intermediate goods D. primary goods Correct Answer: Option D – primary goodsProducts
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