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The proportion of currency in the money supply

Economics
JAMB 1979
The proportion of currency in the money supply
  • A. is higher in developing countries than advanced countries
  • B. is lower in developing countries than advanced countries
  • C. is the same in both developing and advanced countries
  • D. grows as the economy develope
  • E. none of the above
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Correct Answer: Option A
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post UTME Past Questions Agent