Take your time to read instructions before taking this test.

There are 40 questions which you are to answer in 15 minutes that gives you roughly 30 seconds per question.

If you can get at least 60%, you can be rest assured that you’ll ace ECN 204 exam

In a normal exam you will be asked between 40 – 60 questions but I only arranged 40 questions

Note

Do not be in a hurry to answer the questions
Do not waste time on a question you don’t know
Move as fast as possible and starting with questions that don’t have calculation first to save time
Always crosscheck
Don’t be in a hurry to submit, you are not in a competition
Don’t be scared. Getting an A is easy
Don’t be over confident, you can end up a D, E or F. Calm your blood, no be only you sabi book
Please do well to use our comment box incase there’s a message you want to pass to us

70 – 100 A

60 – 69 B

50 – 59 C

45 – 49 D

40 – 44 E

0 – 39 F

I wish you success

Please do well to use our comment box incase there’s a message you want to pass to us

Want to stay updated with exam info, materials, and more practice resources?

Join the UNDERGRAGRA WhatsApp Channel now!

Here’s the link: https://whatsapp.com/channel/0029VakX28dFi8xdORrhjI34

Telegram Channel

T.me/ugchannel

Kindly join us on all our social media platform using this link ⏩ https://t.co/Tk9d5HFJXG

Join Our General 200 Level Whatsapp Group

https://chat.whatsapp.com/CR3L5APyRwoJw9MEjO9o1m

Thank you!.

Keep pushing, stay focused, and good luck on your exams. You’ve got this!

I remain your favorite education blogger

❤️ Undergragra

ECN 204

1 / 40

1. NDP 2021–2025 targets

A. Colonial repatriation

B. Food rationing

C. Trade closure

D. Inclusive development

2 / 40

2. Economic multiplier measures

A. Output change due to spending

B. Money printing

C. GDP variation

D. Budget deficit

3 / 40

3. Use of subsidies on essentials helps

A. Currency appreciation

B. Demand expansion

C. Direct price reduction

D. Budget surplus

4 / 40

4. Equation MV = PQ shows

A. Fiscal performance

B. Money and output relationship

C. Exchange rate fluctuation

D. Income inequality

5 / 40

5. Basic assumption in Fisher's theory holds

A. Changing velocity

B. Variable output

C. Constant velocity

D. Fixed taxation

6 / 40

6. Economic diversification reduces

A. Oil dependence

B. Budget surplus

C. Education funding

D. Taxation

7 / 40

7. Excessive borrowing may result in

A. Lower wages

B. Immigration growth

C. Crowding out investment

D. Free housing

8 / 40

8. Result of high fiscal deficit may involve

A. Trade embargo

B. Public borrowing

C. Increased savings

D. Budget surplus

9 / 40

9. Trade liberalization results in

A. Barrier reduction

B. Domestic supply shock

C. Tariff increase

D. Public debt rise

10 / 40

10. Cash balance approach emphasizes

A. Money demand

B. Asset revaluation

C. Money supply increase

D. Credit creation

11 / 40

11. Result of foreign direct investment brings

A. Wage stagnation

B. Skill erosion

C. Technological transfer

D. Environmental cleanup

12 / 40

12. Fast fashion serves as a case of

A. Global supply chain

B. Trade embargo

C. Local tailoring

D. Cultural preservation

13 / 40

13. Effect of contractionary monetary policy includes

A. Boosting consumer borrowing

B. Tightening money supply

C. Enhancing exports

D. Increasing supply of goods

14 / 40

14. Built-in inflation stems from

A. Interest rate drops

B. Import restrictions

C. Wage-price spiral

D. High taxation

15 / 40

15. Cause of demand-pull inflation relates to

A. Rising unemployment

B. Foreign investment surge

C. Increased government debt

D. Excessive demand over supply

16 / 40

16. Tool used in open market operations includes

A. Security sales

B. Exchange rate freeze

C. Tax rebates

D. Reserve increase

17 / 40

17. Long-term risk of public debt may cause

A. Higher exports

B. Credit rating decline

C. Technological progress

D. Tax elimination

18 / 40

18. Aim of supply-side policy focuses on

A. Fixing wages

B. Enhancing productivity

C. Restricting credit

D. Cutting interest rates

19 / 40

19. Productive borrowing refers to

A. Defense spending

B. Capital investment

C. Stockpiling reserves

D. Import financing

20 / 40

20. Purpose of expansionary monetary policy includes

A. Stimulating economic growth

B. Limiting exports

C. Curtailing liquidity

D. Increasing inflation

21 / 40

21. Quantity theory of money links

A. Currency to imports

B. Velocity to unemployment

C. Money supply to price level

D. Price level to fiscal deficit

22 / 40

22. Role of technology in globalization supports

A. Faster connectivity

B. Regional disintegration

C. Price fixing

D. Climate change

23 / 40

23. Outcome of stagflation includes

A. High output

B. Low unemployment

C. Inflation with stagnation

D. Growth in reserves

24 / 40

24. Outcome of structural adjustment programs often includes

A. Agricultural surplus

B. Social unrest

C. Price stability

D. Import growth

25 / 40

25. Meaning of inflation indicates

A. Boost in employment

B. Decrease in supply

C. Rise in price level

D. Growth in exports

26 / 40

26. Result of foreign direct investment brings

A. Skill erosion

B. Environmental cleanup

C. Wage stagnation

D. Technological transfer

27 / 40

27. Influence of monetary policy affects

A. Voting behavior

B. Price level stability

C. Weather patterns

D. Cultural identity

28 / 40

28. Built-in inflation stems from

A. High taxation

B. Interest rate drops

C. Import restrictions

D. Wage-price spiral

29 / 40

29. Role of CBN involves

A. Legislature

B. Land reform

C. Defense strategy

D. Monetary policy

30 / 40

30. Concept behind fiscal policy involves

A. Controlling imports

B. Monetary tightening

C. Cultural preservation

D. Taxation and expenditure

31 / 40

31. Risk of external debt includes

A. Enhanced autonomy

B. Currency depreciation

C. Increased domestic trade

D. Agricultural surplus

32 / 40

32. Fiscal consolidation aims at

A. Deficit reduction

B. Tax evasion

C. Inflation targeting

D. Currency printing

33 / 40

33. Feature of globalization involves

A. Cross-border integration

B. Market isolation

C. Nationalism

D. Bureaucratic control

34 / 40

34. Target of Vision 20:2020 set

A. Top-20 economy status

B. Zero import dependence

C. Low population

D. Global military status

35 / 40

35. Purpose of reducing budget deficits serves

A. Demand stimulation

B. Output stagnation

C. Inflation reduction

D. Tax holiday

36 / 40

36. Purpose of ERGP focused on

A. Legal reform

B. Export taxation

C. Debt accumulation

D. Recovery and growth

37 / 40

37. Advantage of globalization to developing nations includes

A. Industrial decline

B. Cultural isolation

C. Higher inflation

D. Capital inflow

38 / 40

38. Goal of raising interest rates targets

A. Wage increase

B. Inflation control

C. Currency depreciation

D. Deficit expansion

39 / 40

39. Cultural impact of globalization includes

A. Cross-cultural exchange

B. Nationalist revival

C. Language preservation

D. Wage reduction

40 / 40

40. Result of increased cash reserve ratio leads to

A. Currency devaluation

B. Enhanced lending

C. Higher consumer demand

D. Reduced inflation

Your score is

The average score is 51%

FUOYE ECN 204 CBT Practice

Office Hours

Related posts:

Office Hours

Stay In Touch