economics

The distinction between capital and recurrent expenditure lies in the?

A. nature of the goods and services to be provided B. time frame of the expenditure C. source of the…

4 years ago

An advantage of the sole proprietorship over the partnership from of business organization is that?

A. its existence is limited by an individual's life span B. it relies on the decision of friends to succeed…

4 years ago

Securities are described as listed when they are?

A. mobilized as long-term debt instruments B. traded on a recognized stock market C. bought and sold purely for development…

4 years ago

The monetary control instrument most effectively used by the Central Bank of Nigeria is the?

A. open market operations B. margin requirement C. reserve ratio D. discount rate Correct Answer: Option A - open market…

4 years ago

Inflation that is usually associated with periods of trade boom is?

A. creeping inflation B. cost-push inflation C. stagflation D. demand-pull inflation Correct Answer: Option D - demand-pull inflation

4 years ago

Insurance companies; pension and provident funds and unit trusts are all examples of?

A. rural-based revenue mobilizers B. non-governmental organisations C. government financial agencies D. non-bank financial institutions Correct Answer: Option D -…

4 years ago

For a firm; value added can be defined as the difference between the?

A. input prices and product prices B. value of its output and inputs purchased from other firms C. value of…

4 years ago

The term ‘Near money’ is best described as?

A. a financial instrument that is readily convertible to cash B. government financial instrument that is convertible to cash C.…

4 years ago

The distinguishing characteristic between the money market and the capital market lies in whether the?

A. securities are primary or secondary B. debt instruments provided are long-term or short-term C. funds mobilized are private or…

4 years ago

The long-run average cost curve is called a planning curve because it shows what happens to costs when?

A. a bigger size of plant is built B. differents sizes of plants are built C. variable inputs are increased…

4 years ago