A measure for preventing the external value of the naira ...
A measure for preventing the external value of the naira from falling is for the government to
Increase its spending with foreign reserve
Sell its own currency
Reduce interest rate
Buy its currency with foreign reserve
Correct answer is B
If the naira can be valued to the point where it can compete with other foreign currencies in the foreign exchange market, the value will be high in the international market.
An isoquant lying above to the right of another represents ...
One disadvantages of direct taxes is that they ...
The "velocity" of money is ...
In open market operations, what the Central Banks sells or buys are ...
Agriculture plays a dominant role in West African economies because ...
An economy in which both the public and private sectors contribute to economic growth is as ...
Which of the following does not hinder the efficient distribution of goods in West Africa? ...