A. only taxation to control aggregate demand B. bank rate to influence lending C. only government expenditure to regulate an…
A. many banks will shut down their operations B. customers will borrow more from banks C. the supply of money…
A. lend on short-term basis B. pay interest on current accounts only C. are mostly joint-stock companies D. do not…
A. save more money B. spend more money C. give out more loans D. spend less money Correct Answer: Option…
A. unlimited liability B. limited liability C. lack of continuity when a shareholder dies D. limited control in management by…
A. currency note B. mobile money C. cheques D. silver Correct Answer: Option D - silver Explanation Commodity money are…
A. higher per capita income B. increase in poverty C. increased outflow of aid D. underutilization of resources Correct Answer:…
A. managerial economies B. financial economies C. marketing economies D. welfare economies Correct Answer: Option C - marketing economies Explanation…
A. accumulate revenue for the government B. educate farmers on the pricing of cash crops C. stabilize the incomes of…
A. seasonal unemployment B. structural unemployment C. frictional unemployment D. cyclical unemployment Correct Answer: Option C - cyclical unemployment Explanation…