Post Utme Economics Questions
Question 191:
The shares which do not carry any fixed rate of dividend are known as ____________
- A Debentures
- B Cumulative preferences shares
- C Ordinary share
- D Participating preference shares
Question 192:
The value of money is best determined by ____________
- A Input-output ratio
- B The purchasing power
- C The importance people attach to it
- D Economics of scale
Question 193:
Which of the following will be an effect of inflation?
- A Wage earners will gain
- B Borrowing of money will be restricted
- C Money lenders will gain
- D Borrowers of money will gain
Question 194:
The market consisting of a network of dealers where corrosion can be bought and sold is known as ____________
- A Capital market
- B Foreign exchange market
- C Commodity market
- D The stock market
Question 195:
Open Market Operation (OMO) means the ____________
- A Provision of credit facilities by commercial banks
- B Provision of credit facilities by the mortgage banks
- C Buying and selling of government securities by the central bank