Effects of inflation - Jamb Economics Past Questions and Answers

Question 6:

• JAMB 2005

The factor responsible for the current inflationary pressures in Nigeria is the

A. Exchange rate depreciation
B. Increase in exports
C. Low per capital income
D. Budget surplus

Question 7:

• JAMB 2021

Inflation is likely to benefit ____________

A. Debtors
B. Persons with back savings
C. Creditors
D. Persons who lived on fixed pension funds