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911
People hold money for?
  • A. charity
  • B. safe keeping
  • C. profit making
  • D. speculative purposes
View Answer & Discuss JAMB 1999
912
Bills of exchange originates from a?
  • A. central bank
  • B. commercial bank
  • C. community bank
  • D. development bank
View Answer & Discuss JAMB 1999
913

If high unemployment goes hand in hand with rising prices, the situation created is?

  • A. hyperinflation
  • B. stagflation
  • C. moderate inflation
  • D. galloping inflation
View Answer & Discuss (2) JAMB 1999
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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914
One of the functions money is that, it helps?
  • A. detect frauds in matters of exchange
  • B. postponed payments without loss of count
  • C. store information about the valuation of an item
  • D. record information about the valuation of an item
View Answer & Discuss (4) JAMB 1999
915
Fiscal policy involves changes in?
  • A. open market operations
  • B. revenue and expenditure of government
  • C. money supply to the economy
  • D. imports and exports
View Answer & Discuss JAMB 1999
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts