An Instrument used by the central bank to fix commercial ...
An Instrument used by the central bank to fix commercial and merchant banks total credit to domestic economy is________
Monetary policy
Fiscal policy
Credit ceiling
Open market operation
Correct answer is C
Credit ceiling is one of the tools or instrument of monetary policy used by central bank to control credit in an economy.
Average Variable Cost (AVC) curve ...
Which of the following defines Economics most comprehensively? ...
The active population of a country determines the size of its ...
An economy in which the whole income is not consumed is referred to as______ ...
Contractionary monetary policy is used to ...
Petroleum is the mainstay of the Nigerian economy because it is the ...
The clearing house of all commercial banks in Nigeria is the ...
The population of country X in 1990 was 35 million. The births were 450,000 while it recorded 210...
The demand curve for a commodity is downward sloping because the consumer will pay ...