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4726

Which of the following is NOT a function of the IMF?

  • A. Providing financial aid to members experiencing balance of payment difficulties
  • B. Promoting international monetary cooperation
  • C. Exchange rate stabilization
  • D. assisting member countries in printing and issuing their currency
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4727

Which of the following is NOT included in-measuring the National income through the income approach?

  • A. profit earned by NITEL plc
  • B. Profit earned by Nigerian bottling company plc
  • C. Income earned by a bricklayer
  • D. Allowance given to an aged mother by a civil servant
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4728

If two bags of rice were sold for #1,250 a month ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money is

  • A. constant
  • B. fluctuating
  • C. increasing
  • D. decreasing
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4729

The demand for factors of production is said to be

  • A. joint
  • B. complementary
  • C. derived
  • D. composite
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4730

The trade-off between two commodities along the Production Possibility Curve (PPC) shows

  • A. transferable output
  • B. unattainable combination
  • C. scarcity principle
  • D. opportunity cost principle
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