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Economics Past Questions


Question 4591:


The value of money is best determined by ____________

A. Input-output ratio
B. The purchasing power
C. The importance people attach to it
D. Economics of scale


Question 4592:


Which of the following will be an effect of inflation?

A. Wage earners will gain
B. Borrowing of money will be restricted
C. Money lenders will gain
D. Borrowers of money will gain


Question 4593:


The market consisting of a network of dealers where corrosion can be bought and sold is known as ____________

A. Capital market
B. Foreign exchange market
C. Commodity market
D. The stock market


Question 4594:


Open Market Operation (OMO) means the ____________

A. Provision of credit facilities by commercial banks
B. Provision of credit facilities by the mortgage banks
C. Buying and selling of government securities by the central bank


Question 4595:


Which of the following will ensure efficiency in the industrial sector for your country?

A. Indigenization
B. Privatization
C. Nationalization
D. Liquidation






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