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JAMB Economics 2012 Objective — Question 43

Question 43 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2012 Objective paper, with the correct answer and a full explanation.

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Long-term funds for investment projects are sourced from the

  • A. money market
  • B. commodity market
  • C. foreign exchange market
  • D. capital marketCorrect

Explanation

It is the capital market that gives long term loans for long term projects.

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