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Economics 1992 JAMB Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
26
Monetization refers to the ratio of?
  • A. total transactions to monetary transactions
  • B. monetary assets to total assets
  • C. monetary transactions to total transactions
  • D. money in circulation to total income
View Answer & Discuss JAMB 1992
27
The best way to reduce the supply of money in the economy is to?
  • A. increase the liquidity ratio
  • B. increase the number of bank-notes and cheques produced
  • C. decrease treasury bills
  • D. liberalize access to credit
View Answer & Discuss (3) JAMB 1992
28
The total amount of money in circulation includes cash?
  • A. and current account
  • B. owned by banks and the non-bank public
  • C. and current acount balances owned by banks and non-bank public
  • D. owned by banks, the government and the non-bank public
View Answer & Discuss (1) JAMB 1992
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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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29
To reduce the high rate of inflation in the economy, the government should?
  • A. increase taxes and have a budget surplus
  • B. increase taxes and have a budget defilicit
  • C. decrease taxes and have a budget defilicit
  • D. decrease taxes and have a balance budget
View Answer & Discuss JAMB 1992
30
When interest rates are high and still rising the least-cost method used by public limited companies to obtain additional funds for their operations is by?
  • A. obtaining life-term loans from merchant banks
  • B. obtain short-term loans from commercial banks
  • C. selling floating-rate debenture stocks to the general public
  • D. selling new ordinary shares to the general public
View Answer & Discuss JAMB 1992
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