by Sunday | May 5 | Economics NECO
A. celebration B. daily purchases C. election campaign D. payment of taxes Correct Answer: Option B – daily purchases Explanation In his publication on The General Theory of Employment, Interest, & Money, Keynes outlined three reasons, or motives, for...
by Sunday | May 5 | Economics NECO
A. decrease arising from public debt and its servicing B. increase in capital expenditure to provide social services C. increase financial commitment for defence and security D. increase in recurrent expenditure with regard to wages and salary paid to public servant...
by Sunday | May 5 | Economics NECO
A. excessive bank lending B. excessive deficit financing C. increase in domestics productivity D. increase in wages and salaries of workers E. increase in government expenditure Correct Answer: Option C – increase in domestics...
by Sunday | May 5 | Economics NECO
A. education and training B. good working condition C. healthier workforce D. increased productivity worker accompanied by improvement in the quality of output E. the amount of incentives or remuneration given to workers Correct Answer: Option D – increased...
by Sunday | May 5 | Economics NECO
A. direct tax B. indirect tax C. progressive tax D. proportional tax E. regressive tax Correct Answer: Option C – progressive tax
by Sunday | May 5 | Economics NECO
A. a price which equates demand with supply B. a price where there is excess demand C. where consumers gain much D. where producers gain much E. where supply is more than demand Correct Answer: Option A – a price which equates demand with...
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