Jamb Economics CBT Quiz /10 0 Time is up!! You need to think and answer fast. Economics Quiz This Quiz will increase your knowledge in Economics. 1 / 10 Money supply at any point in time refers to notes and coins only minted money bank notes, coins and demanded deposit hoarded money 2 / 10 The reward of debenture holder of a public company is a fixed rate return interest Allowance dividend 3 / 10 When the demand for a commodity is inelastic, who bears greater burden of the indirect tax The consumer The wholesaler The producer The children 4 / 10 Which of the following is not a member of the OPEC? Iran Egypt United Arabic Embrates Nigeria 5 / 10 The exports of West African countries are mainly composed of consumer goods manufactured goods services raw materials 6 / 10 The main item traded on a stock exchange market is treasury bills new shares foreign currencies travellers cheques 7 / 10 All the following are specific example of indirect taxes except poll tax export duty purchase tax Import duty 8 / 10 The imposition of high income tax by government to cut down demand is known as development policy monetary policy internal policy fiscal policy 9 / 10 The price and quanitity of crude oil gas and petrol sold to other countries by Nigeria is fixed by the E.C.A N.N.P.C ECOWAS OPEC 10 / 10 Which of these factors does not cause a change in demand taste and fashion price of the commodity concerned population Income Your score is Restart quiz CHANGE SUBJECT
