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Monday, 29 June 2026
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Economics Past Questions and Answers

Economics Questions

Question 4711:
Inflation refers to:
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  • A Fall in money supply
  • B Increase in unemployment
  • C Reduction in taxes
  • D Persistent rise in prices
View Answer & Explanation
Question 4712:
Deflation occurs when:
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  • A Employment rises rapidly
  • B Imports exceed exports
  • C Production increases fully
  • D General prices fall persistently
View Answer & Explanation
Question 4713:
Commercial banks mainly create credit through:
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  • A Lending deposits
  • B Tax collection
  • C Gold mining
  • D Printing currency
View Answer & Explanation
Question 4714:
The apex bank in Nigeria is:
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  • A Nigerian Stock Exchange
  • B ECOWAS Bank
  • C Central Bank of Nigeria
  • D World Bank
View Answer & Explanation
Question 4715:
Treasury bills belong mainly to the:
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  • A Capital market
  • B Commodity market
  • C Labour market
  • D Money market
View Answer & Explanation

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