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. Food rationing

B. Inclusive development

C. Colonial repatriation

D. Trade closure

2 / 40

2. Purpose of ERGP focused on

A. Debt accumulation

B. Export taxation

C. Recovery and growth

D. Legal reform

3 / 40

3. Economic multiplier measures

A. GDP variation

B. Budget deficit

C. Output change due to spending

D. Money printing

4 / 40

4. Feature of globalization involves

A. Nationalism

B. Cross-border integration

C. Market isolation

D. Bureaucratic control

5 / 40

5. Purpose of reducing budget deficits serves

A. Demand stimulation

B. Inflation reduction

C. Tax holiday

D. Output stagnation

6 / 40

6. Influence of monetary policy affects

A. Price level stability

B. Cultural identity

C. Voting behavior

D. Weather patterns

7 / 40

7. Effect of contractionary monetary policy includes

A. Boosting consumer borrowing

B. Tightening money supply

C. Enhancing exports

D. Increasing supply of goods

8 / 40

8. Economic diversification reduces

A. Oil dependence

B. Education funding

C. Budget surplus

D. Taxation

9 / 40

9. Purpose of expansionary monetary policy includes

A. Curtailing liquidity

B. Limiting exports

C. Increasing inflation

D. Stimulating economic growth

10 / 40

10. Cash balance approach emphasizes

A. Credit creation

B. Asset revaluation

C. Money supply increase

D. Money demand

11 / 40

11. Outcome of structural adjustment programs often includes

A. Price stability

B. Agricultural surplus

C. Social unrest

D. Import growth

12 / 40

12. Target of Vision 20:2020 set

A. Low population

B. Top-20 economy status

C. Zero import dependence

D. Global military status

13 / 40

13. Quantity theory of money links

A. Money supply to price level

B. Currency to imports

C. Velocity to unemployment

D. Price level to fiscal deficit

14 / 40

14. Result of high fiscal deficit may involve

A. Budget surplus

B. Trade embargo

C. Public borrowing

D. Increased savings

15 / 40

15. Result of increased cash reserve ratio leads to

A. Currency devaluation

B. Enhanced lending

C. Higher consumer demand

D. Reduced inflation

16 / 40

16. Outcome of stagflation includes

A. Growth in reserves

B. Inflation with stagnation

C. Low unemployment

D. High output

17 / 40

17. Result of foreign direct investment brings

A. Wage stagnation

B. Skill erosion

C. Environmental cleanup

D. Technological transfer

18 / 40

18. NDP 2021–2025 targets

A. Inclusive development

B. Trade closure

C. Colonial repatriation

D. Food rationing

19 / 40

19. Short-term benefit of deficit spending allows

A. Productivity fall

B. Interest rate drop

C. Stimulated growth

D. Economic contraction

20 / 40

20. Built-in inflation stems from

A. High taxation

B. Wage-price spiral

C. Interest rate drops

D. Import restrictions

21 / 40

21. Advantage of globalization to developing nations includes

A. Cultural isolation

B. Capital inflow

C. Industrial decline

D. Higher inflation

22 / 40

22. Fiscal deficit describes

A. Trade surplus

B. Spending exceeding revenue

C. Profit of firms

D. Total exports

23 / 40

23. Excessive borrowing may result in

A. Crowding out investment

B. Immigration growth

C. Free housing

D. Lower wages

24 / 40

24. Concept behind fiscal policy involves

A. Cultural preservation

B. Controlling imports

C. Taxation and expenditure

D. Monetary tightening

25 / 40

25. Role of CBN involves

A. Legislature

B. Monetary policy

C. Land reform

D. Defense strategy

26 / 40

26. Use of subsidies on essentials helps

A. Budget surplus

B. Demand expansion

C. Currency appreciation

D. Direct price reduction

27 / 40

27. Trade liberalization results in

A. Barrier reduction

B. Public debt rise

C. Domestic supply shock

D. Tariff increase

28 / 40

28. Result of foreign direct investment brings

A. Technological transfer

B. Skill erosion

C. Wage stagnation

D. Environmental cleanup

29 / 40

29. Fast fashion serves as a case of

A. Cultural preservation

B. Global supply chain

C. Trade embargo

D. Local tailoring

30 / 40

30. Meaning of inflation indicates

A. Boost in employment

B. Decrease in supply

C. Rise in price level

D. Growth in exports

31 / 40

31. Basic assumption in Fisher's theory holds

A. Variable output

B. Constant velocity

C. Changing velocity

D. Fixed taxation

32 / 40

32. Productive borrowing refers to

A. Stockpiling reserves

B. Capital investment

C. Defense spending

D. Import financing

33 / 40

33. Goal of raising interest rates targets

A. Wage increase

B. Inflation control

C. Currency depreciation

D. Deficit expansion

34 / 40

34. Cultural impact of globalization includes

A. Language preservation

B. Cross-cultural exchange

C. Wage reduction

D. Nationalist revival

35 / 40

35. Fiscal consolidation aims at

A. Deficit reduction

B. Tax evasion

C. Currency printing

D. Inflation targeting

36 / 40

36. Aim of supply-side policy focuses on

A. Cutting interest rates

B. Fixing wages

C. Restricting credit

D. Enhancing productivity

37 / 40

37. Role of technology in globalization supports

A. Faster connectivity

B. Climate change

C. Regional disintegration

D. Price fixing

38 / 40

38. Built-in inflation stems from

A. Wage-price spiral

B. Interest rate drops

C. Import restrictions

D. High taxation

39 / 40

39. Risk of external debt includes

A. Agricultural surplus

B. Enhanced autonomy

C. Increased domestic trade

D. Currency depreciation

40 / 40

40. Tool used in open market operations includes

A. Tax rebates

B. Exchange rate freeze

C. Security sales

D. Reserve increase

Your score is

The average score is 52%

FUOYE ECN 204 CBT Practice

Office

Related posts:

Office

Stay In Touch