Free account: track your progress — Sign up free

JAMB Economics 2012 Objective — Question 35

Question 35 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2012 Objective paper, with the correct answer and a full explanation.

Advertisement

A huge national debt is an indication that

  • A. the gold reserves of a nation has appreciated
  • B. the gold reserve has been drawn downCorrect
  • C. the economy is stagnated
  • D. the exchange rate has improved

Explanation

Huge natural debt is an indication that the gold reserve has been drawn down.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.