inflation can be controlled by increasing
Aggregate supply
Government expenditure
Aggregate demand
A deficit budget
Correct answer is A
No explanation has been provided for this answer.
Who among the following will benefit from inflation?
Pensioners
Savers
Debtors
Creditors
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a function of the Central Bank of Nigeria?
Serving as a custodians of important valuables
Giving advice to customers
Serving as banker's bank
Creating credit
Correct answer is C
No explanation has been provided for this answer.
The value of money is best determined by its
Size
Purchasing power
Portability
Being recognized
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a liability of commercial banks?
Deposits
Money at call
Loans to customers
Overdrafts
Correct answer is A
No explanation has been provided for this answer.