A measure for preventing the external value of the naira ...
A measure for preventing the external value of the naira from falling is for the government to
Increase its spending with foreign reserve
Sell its own currency
Reduce interest rate
Buy its currency with foreign reserve
Correct answer is B
If the naira can be valued to the point where it can compete with other foreign currencies in the foreign exchange market, the value will be high in the international market.
A list of consumer's wants arranged in order of priorities is known as ...
Which of the following is a function of money? ...
A major obstacle to economic development is? ...
Which sector can you say is growing fastest in the Nigeria economy? ...
Import substitution as a strategy of industrialization is the ...
One feature of a growing population ...
Population growth can be calculated as ...
A group formed to enable members adopt a common policy in labour negotiation is known as? ...