The purchasing power of the Naira will fall when

a

worker are retrenched

b

the colour of the Naira is changed

c

the military take over

d

there is inflation

e

none

Download Offline App Ask a Question

Explanation

Correct Option
d

No explanation available

Video Explanation

No video available

Post your Contribution

Share:

Discussions (1)

Max09
2 years ago

Inflation is the persistent rise in price of goods and services. When there is a rise, the value of money declines. For example, something sold for 5000 is much less to what can be bought with 5000 now (in the case of Nigeria)

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments