by Sunday | Sep 30 | NABTEB QUESTIONS
Money supply is the total stock of coins, bank notes and bank deposits available for use in a country at a particular time.
by Sunday | Sep 30 | NABTEB QUESTIONS
Types of cooperative societies: i. The consumers’ cooperative society: The consumer’ cooperatives are made up of consumers. They buy essential goods in bulk at wholesale prices and sell to members and non members at retail prices. Members share the profits at the end...
by Sunday | Sep 30 | NABTEB QUESTIONS
A cooperative society is a business organization composed of people who have pooled their resources so as to protect and promote their legal economic interest
by Sunday | Sep 30 | NABTEB QUESTIONS
i. Cheque: Cheque is the category of near money which are not widely acceptable as a means of payment. ii. Postal orders: This is also near money. iii. Bank notes is a legal tender that is generally acceptable hence it is money. This is paper money. Bank notes are in...
by Sunday | Sep 30 | NABTEB QUESTIONS
Money is anything generally acceptable medium for making payment in a society.
by Sunday | Sep 30 | NABTEB QUESTIONS
The role of industrialization in economic development of Nigeria include: i. Provision of employment opportunities for Nigeria ii. Diversification of the Nigeria economy which reduces over dependences on agriculture iii. Improvement in the balance of payment of...