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821
Which of the following is inflationary?
  • A. An increase in taxation
  • B. An increase in savings
  • C. A decrease in money supply
  • D. An increase in government expenditure
View Answer & Discuss JAMB 1997
822
In commercial banking, an account from which the customer cannot withdraw money instantly is a?
  • A. demand deposit account
  • B. time deposit account
  • C. special deposit account
  • D. savings deposit account
View Answer & Discuss JAMB 1997
823
Banks can create more money by?
  • A. increasing its cash ratio with the Central Bank
  • B. issuing more banks cheques
  • C. accepting more deposits from customers
  • D. lending out money from customers deposits
View Answer & Discuss JAMB 1997
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824
Stock and shares as well as bonds are examples of instruments used in the?
  • A. commodity markets
  • B. money markets
  • C. capital markets
  • D. security markets
View Answer & Discuss (6) JAMB 1997
825
The use of legally permissible means to reduce tax liabilities is known as tax?
  • A. evasion
  • B. avoidance
  • C. reliefs
  • D. exemption
View Answer & Discuss (3) JAMB 1997
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now