JAMB Economics 2014 Objective — Question 30
Question 30 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2014 Objective paper, with the correct answer and a full explanation.
Advertisement
Short-termed loans for investment are usually obtained through the
- A. capital market
- B. stock market
- C. development banks
- D. money marketCorrect
Explanation
The money market is one of the establishments to issue short-term loans to investors; commercial banks are operators in this market.
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.