Demand For Money And Supply Of Money Jamb Economics Past Questions
Question 1
The stock exchange is an example of the
- A. labour market
- B. money market
- C. commodity market
- D. capital market
Question 2
The money market equilibrium is defined as_________
- A. when the demand and supply of money are equal
- B. when demand is greater than supply of money
- C. when demand is less than supply of money
- D. when supply is greater than demand for money
Question 3
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
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
The precautionary demand for money is determined by
- A. the rate of interest
- B. the level of savings
- C. the level of income
- D. general price level
