economics

When interest rates are high and still rising the least-cost method used by public limited companies to obtain additional funds for their operations is by?

A. obtaining life-term loans from merchant banks B. obtain short-term loans from commercial banks C. selling floating-rate debenture stocks to…

5 years ago

To reduce the high rate of inflation in the economy, the government should?

A. increase taxes and have a budget surplus B. increase taxes and have a budget deficit C. decrease taxes and…

5 years ago

The total amount of money in circulation includes cash?

A. and current account B. owned by banks and the non-bank public C. and current account balances owned by banks…

5 years ago

Monetization refers to the ratio of?

A. total transactions to monetary transactions B. monetary assets to total assets C. monetary transactions to total transactions D. money…

5 years ago

The primary barrier to land reform in developing countries is the?

A. frequent opposition by the landlords B. realization that output levels might fall C. fear that peasants will be cut…

5 years ago

Farmers’ income may fall if they produce more cash crops for export because?

A. foreign demand is inelastic B. the price of the crops will rise C. of domestic currency depreciation D. of…

5 years ago

The main reason for the current programme of privatization and commercialization of public enterprises in Nigeria is to?

A. reduce public expenditure B. encourage efficiency in the performance of such enterprises C. reduce the number of public enterprises…

5 years ago

The main handicap of sole proprietorship is?

A. limited liability B. lack of technical know-how C. low-profit margin D. inadequate capital Correct Answer: Option D - inadequate…

5 years ago

An important function of the retailer is to?

A. grant credit to the wholesaler B. break-bulk and sell products in small units C. reduce the cost of distribution…

5 years ago

A firm with marginal cost equals to its marginal revenue will produce the equilibrium output if it is in?

A. pure competition only B. pure monopoly only C. monopolistic competition only D. any type of market Correct Answer: Option…

5 years ago