Question 0

In an inflationary period which of the following statements is NOT true?

  • A.Wages rise simultaneously with prices
  • B.The purchasing power of money diminishes
  • C.More money runs after a limited quantity of goods
  • D.Money supply increases
  • E.Aggregate real demand exceeds aggregate real supply
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1983
Question no.
#0
Type
Objective

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