Question 4201:

• WAEC 2021

Government can curb inflation by ____________

A. Encouraging banks to lend for any purpose.
B. Increasing her own expenditure.
C. Buying treasury bills in the open market.
D. Selling securities in the open market

Question 4202:

• WAEC 2021

Functions of money does not include ____________

A. Store of value.
B. Medium of exchange
C. Standard of deferred payment.
D. General acceptability.

Question 4203:

• WAEC 2021

Demand-pull inflation can be as a result of ____________

A. Increase in the cost of production.deficit financing by the government.
B. Excessive supply of foodstuff
C. Increase in import duties.

Question 4204:

• WAEC 2021

An increase in cash ratio by the central bank will ____________

A. Increase the supply of money.
B. Increase banks lending
C. Encourage borrowing.
D. Reduce the supply of money.

Question 4205:

• WAEC 2021

When a government cuts down her expenditure to reduce inflation, she has embarked on ____________

A. A restrictive Fiscal policy.
B. An expansionary monetary policy.
C. Physical policy.
D. Implementing budget deficit