Economics 1998 JAMB Past Questions

Exam Type:

Exam year:

Question Type:

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Your School's Whatsapp Group - Join Us now

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Crude petroleum is a good example of a?

A. lasting asset
B. wasting asset
C. synthetic product
D. costless resources

View Answer & Discuss (2) JAMB 1998

One of the techniques of monetary control used by the Central Bank of Nigeria is?

A. selective credit control
B. budget deficit
C. foreign exchange control
D. monitoring the general price level

View Answer & Discuss (10) JAMB 1998

Which of the following is true about the value of money?

A. it varies inversely with the price level
B. it varies directly with the price level
C. it depreciates in the period of deflation
D. it is not affected by the price level

View Answer & Discuss JAMB 1998

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

If the reserve requirement for commercial banking in Nigeria were 30%, a commercial bank which receives an initial cash deposit of N3000 is in a position to lend out?

A. N9,000
B. N3,330
C. N2,770
D. N2,100

View Answer & Discuss JAMB 1998

An issue of bank-notes not backed by gold but by government securities is known as?

A. fiduciary isssue
B. guaranteed money
C. seignior age
D. legal tender

View Answer & Discuss JAMB 1998

Start a Free Practice Test

Subjects

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics 1998 JAMB Past Questions

Subjects

Sign In