Economics JAMB - Page 49 Of 169 - Erudites Academy

The difference between payments and receipts for visible trade is called?

The difference between payments and receipts for visible trade is called?

by Sunday | Oct 28 | Economics JAMB

A. bilateral trade B. current balance C. balance of payments D. balance of trade Correct Answer: Option D – balance of trade

The difference between payments and receipts for visible trade is called?

A major reason for having national development plans is to?

by Sunday | Oct 28 | Economics JAMB

A. ensure efficient use of available resources B. involves people in national programmes C. make the government spend more on production D. ensure that more citizens are involved in planning Correct Answer: Option A – ensure efficient use of available...

The difference between payments and receipts for visible trade is called?

The number of shareholders in a private limited liability company ranges from?

by Sunday | Oct 28 | Economics JAMB

A. two to seven B. two to three C. two to fifty D. two to twenty Correct Answer: Option C – two to twenty

The difference between payments and receipts for visible trade is called?

The tax levied on goods and services at each stage of production is?

by Sunday | Oct 28 | Economics JAMB

A. surtax B. VAT C. ad valorem tax D. PAYE Correct Answer: Option B – VAT

The difference between payments and receipts for visible trade is called?

The excess of aggregate expenditure over full employment level of output is referred to as?

by Sunday | Oct 28 | Economics JAMB

A. GNP gap B. deflationary gap C. inflation gap D. recessionary gap Correct Answer: Option C – inflation gap

The difference between payments and receipts for visible trade is called?

If budget deficits are financed by borrowing the crowing-out effect can be offset by an increase in?

by Sunday | Oct 28 | Economics JAMB

A. government expenditure B. savings C. interest rates D. exchange rates Correct Answer: Option D – exchange rates

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