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BECE Business Studies 2023 Objective — Question 2

Question 2 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2023 Objective paper, with the correct answer and a full explanation.

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The market for lending and borrowing of long-term loans is the ______ market.

  • A. capitalCorrect
  • B. commodity
  • C. consumer
  • D. foreign
  • E. money

Explanation

The capital market deals in long-term loans.

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