By buying treasury bills, the Central Bank of Nigeria intends to
increase money supply in the economy
reduce the cash reserve ratio for banks
reduce money supply in the economy
increase the capital base of commercial banks
The velocity of money is represented as
Money supply
Real GDP
Real GDP
Money supply
Nominal GDP
Money supply
Real GDP
Nominal GDP
One of the functions of commercial banks is
maintaining stable price in the economy
regulating monetary policies
granting loans to customers
issuing bank notes and coins
A strategy for curbing unemployment is to
implement government stabilization policy
increase taxes and decrease government expenditure
increase government expenditure and decrease taxes
ensure even distribution of job opportunities
In Nigeria, the distribution of job opportunities
balanced budgeting
deficit budgeting
surplus budgeting
zero budgeting
