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WAEC Economics 2025 Question 43

Question 43

Money and Inflation

Inflation will usually have a negative effect on

  1. A.balance of payments.
  2. B.borrowers.
  3. C.sales revenue of firms.
  4. D.shareholders' dividends.
Show the answer and explanation

Answer: A (balance of payments.)

Explanation

Rising prices make exports less competitive and imports more attractive.