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2251
The value of money is generally measured in relation to the
  • A. interest rate charged on the bank loans
  • B. general price level
  • C. size of a country's gold stock
  • D. volume of imports
View Answer & Discuss WAEC 2007
2252
which of the following is true under rapid inflation? People
  • A. demand less foreign exchange
  • B. set up businesses
  • C. rush to pay their taxes
  • D. hardly wants to lend money
View Answer & Discuss WAEC 2007
2253
which of the following financial institutions was originally known as a Building Society?
  • A. Development banks
  • B. insurance company
  • C. Mortgage banks
  • D. merchant banks
View Answer & Discuss WAEC 2007
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2254
A non-bank financial intermediary which is regarded as a pool of risks is the
  • A. co-operative society
  • B. stock exchange
  • C. insurance company
  • D. post office
View Answer & Discuss (1) WAEC 2007
2255
A foreign exchange market deals in
  • A. treasury bills
  • B. currencies
  • C. government bonds
  • D. commodities
View Answer & Discuss WAEC 2007
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