Waec 2023 Economics Question 36

Practice objective / multiple choice question 36 from the 2023 Waec Economics examination. This question covers Economics .

Waec 2023 Economics Objective / Multiple Choice 2 Difficulty

Topic: Economics

Question 36 WAEC • 2023 • ECONOMICS • objective

An indication that there is inflation in a country is that:

Correct Answer A. there is a decrease in the demand for goods and services.

B. there are too many goods in circulation.

C. the quantity of money is lower than the amount of money people prefer to lend to borrow.

D. the most liquid asset among the following is cash.

Correct Answer

Correct Option:

there is a decrease in the demand for goods and services.

This is Waec 2023 Economics Question 36. It is one of the objective questions from the 2023 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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