The value of money is generally measured in relation to the
Interest rate charged on the bank loans
General price level
Size of a country's gold stock
Volume of imports
Correct answer is B
No explanation has been provided for this answer.
Long-term loans can be secured from
Commercial banks
Discount houses
Development banks
Acceptance houses
Correct answer is C
No explanation has been provided for this answer.
Transaction demand for money
Precautionary demand for money
Derived demand for money
Speculative demand for money
Correct answer is A
No explanation has been provided for this answer.
The most important quality of money is that it must be
Relatively scarce
Generally acceptable
Portable
Durable
Correct answer is B
No explanation has been provided for this answer.
To promote the development of agricultural sector, government of West African countries should
Encourage rural-urban drift
Discourage foreign investment in agriculture
Support the marketing of farm produce
Reduce tarrif of food imports
Correct answer is C
No explanation has been provided for this answer.