WAEC Economics 2024 Objective — Question 38
Question 38 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.
Advertisement
38. Capital market operators deal in the
- A. supply of and demand for short term loans only.
- B. supply of and demand for long term loans for investment.Correct
- C. sales and purchases of treasury bills.
- D. sales and purchases of capital equipment.
Explanation
Operators in the capital market deal in the supply of and demand for long-term loans for investment purposes.
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.