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Question 40

Which of the following is true about the value or money?

  • A.it varies inversely with the price level
  • B.it varies directly with the price level
  • C.it depreciates in the period of deflation
  • D.it is not affected by the price level
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2014/2015
Question no.
#40
Type
Objective
Previous · Q39One of the techniques of monetary control used by the Central Bank of Nigerian…

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