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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4551

The demand for money will fall if

  • A. People expect deflation soon
  • B. Real GDP rises
  • C. Real interest rates rise
  • D. The GDP deflator rises
View Answer & Discuss JAMB 2023
4552

Which of the following is an example of expansionary monetary policy by the Central Bank of Nigeria?

  • A. Lowering income taxes
  • B. Increasing the discount rate
  • C. Increasing the reserve ratio
  • D. Buying Treasury securities from commercial banks
View Answer & Discuss JAMB 2023
4553

If commodities X and Y are substitute, their cross elasticity of demand will be

  • A. One
  • B. positive
  • C. negative
  • D. zero
View Answer & Discuss JAMB 2023
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4554

The term 'investment' in macroeconomics means

  • A. Profit
  • B. Total amount of money invested in bonds and stocks
  • C. The total amount of capital goods in the country
  • D. The production of goods for immediate consumption
View Answer & Discuss (5) JAMB 2023
4555

The following are economic agents in any economy EXCEPT

  • A. Central Bank
  • B. House hold
  • C. Firm
  • D. Government
View Answer & Discuss JAMB 2023
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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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