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Effects and control of Deflation - Jamb Economics Past Questions and Answers

Jamb Economics Past Questions

Jamb Past Questions and Answers on Effects and control of Deflation

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

View Answer & Explanation

Question 2:

JAMB 1986

Deflation is a persistent fall in the general price level and is usually caused by?

A. A reduction in total demand
B. An increase in government spending
C. An increase in the money supply
D. An increase in aggregate demand

View Answer & Explanation

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