Money And Inflation Jamb Economics Past Questions
Question 1
If inflation is anticipated, people may
- A. save more money
- B. spend more money
- C. give out more loans
- D. spend less money
Question 2
If national income rises by 6% and population rises by 3%, per capita income will?
- A. rise by 6 percent
- B. fall by 3 percent
- C. fall by 6 percent
- D. rise by 3 percent
