economics

Liquidity preference refers to the?

A. needs to borrow money for short periods to meet some temporary crises B. wish to hold more funds for…

4 years ago

Insurance companies invest mainly in instruments trade on the?

A. capital market B. Money market C. commodity market D. open market Correct Answer: Option A - capital market

4 years ago

In Nigeria; the bank that can correctly be described as a unit bank is?

A. the Central Bank B. people's bank C. mortgage bank D. community bank Correct Answer: Option A - the Central…

4 years ago

National Income estimates can be used to?

A. differentiate between the rich and the poor in a country B. prepare a country's annual budget C. protect the…

4 years ago

The stock exchange is a market for the buying and selling of?

A. monetary instruments B. new shares C. existing shares D. treasury bills Correct Answer: Option C - existing shares

4 years ago

The solution to the problem of double coincidence of wants requires a buyer and seller whose demands are precisely?

A. competitive B. composite C. supplementary D. complementary Correct Answer: Option D - complementary

4 years ago

In a centrally planned economy; the economic problem of deciding what to produce is dependent on?

A. average profit B. state command C. average cost D. relative prices Correct Answer: Option B - state command Explanation…

4 years ago

A scientific approach in economic analysis entails?

A. a deductive method only B. both inductive and normative methods C. a normative method only D. both inductive and…

4 years ago