Demand for money and the supply of money - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Question 2:

• JAMB 2018

The purchasing power of money depends upon the__________

A. Value
B. Index
C. Price Level
D. Wages

Question 3:

• JAMB 2016

If Mr Wale took a loan for the purpose of investment, the demand for money is________________?

A. Precautionary motive
B. Transactionary and Precautionary motive
C. Speculative motive
D. Speculative and Transactionary motives

Question 4:

• JAMB 2015

The total stock of money available for use in an economy is

A. Supply of money
B. Value of money
C. Demand for money
D. Attribute of money

Question 5:

• JAMB 2014

Short-term loans for investment are usually obtained through the

A. Stock market
B. Development banks
C. Money market
D. Capital market