Post Utme Oau 2018 Commerce Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Oau Commerce examination.

Post Utme Oau 2018 Commerce Objective / Multiple Choice
Question 21 POST_UTME_OAU • 2018 • COMMERCE • objective

The concept of 'Gresham's Law' in economics states that bad money drives out good money. What is the primary reason for this phenomenon?

Answer Options

Correct Answer A. Inflation
B. Deflation
C. Monetary policy
D. Supply and demand
Correct Answer
A
Correct Option:
Inflation

About This Question

This is Post Utme Oau 2018 Commerce Question 21. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.

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