Economics WAEC

The Central Bank’s expansionary monetary policy is justified at a period?

A. when the inflation rate is high and the economic is experiencing a boom
B. of economic depression accompanied by low capacity utilization
C. when trade unions are clamouring for higher wages
D. when price of crude petroleum is rising

Correct Answer:

Option B – of economic  depression accompanied by low capacity utilization

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

EME 303 Theory Questions: Computer Based Information System

300 Level Use of Computer In Educational Management Practice exam questions and detailed answers. Download…

13 hours ago

EME 303 Theory Questions: Computer Classification and Information

300 Level Use of Computer In Educational Management Practice exam questions and detailed answers. Download…

13 hours ago

EME 302 Theory Questions: Operations Management Problems

300 Level Operations Management In Educational Practice exam questions and detailed answers. Download the answers in…

13 hours ago

EME 302 Theory Questions: Payback and NPV Analysis

300 Level Operations Management In Educational Practice exam questions and detailed answers. Download the answers in…

13 hours ago

EME 302 Theory Questions: Linear Programming

300 Level Operations Management In Educational Practice exam questions and detailed answers. Download the answers in…

14 hours ago

EME 302 Theory Questions: Programme Evaluation Review Technique And Critical Path Method

300 Level Operations Management In Educational Practice exam questions and detailed answers. Download the answers in…

14 hours ago