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Economics Past Questions and Answers

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Economics Questions

Question 4901:

The purchasing power of the Naira will fall when

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A Workers are retrenched
B The Naira is devalued
C There is inflation
D The colour of the Naira is changed
E Government cuts all salaries and wages

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Question 4902:

Which of the following statements is not correct about choice?

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A The process of making choice involves opportunity cost
B Only individuals and firms make choice
C An economist is not interested in the moral judgment of any choice so made
D Usually choice is made from a consumer scale preference

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Question 4903:

One of the main objectives of the Second-tier Securities Market in Nigeria is to

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A Eliminate currency dealings in the black market
B Achieve a realistic exchange rate for the naira
C Attract investment flow.
D Assist companies to raise capital

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Question 4904:

The graph of the function \(C=a+b Y\) is

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A Exponential
B Simultaneous
C Linear
D Quadratic

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Question 4905:

Under the ECOWAS agreement, a Nigerian can enter and stay in Ghana without a visa for a period of

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A 90 days
B 100 days
C 30 days
D \(60\) days
E \(14\) days

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