JAMB Economics 2009 Objective — Question 30

Question 30 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2009 Objective paper, with the correct answer and a full explanation.

A manufacturer who wants to build a new plant will source funds from

A. the commercial banksCorrect
B. the money market
C. the capital market
D. government

Explanation

Manufacturer can source for funds from commercial banks if he has good credit rating.

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