economics

Money becomes a very poor store of value in a period of?

A. deflation B. depression C. recession D. inflation Correct Answer: Option D D. inflation

6 years ago

The demand for money is?

A. derived demand B. composite demand C. joint demand D. complimentary demand Correct Answer: Option A A. derived demand

6 years ago

Efficient distribution of goods in West Africa will be facilitated by?

A. poor storage facility B. adequate transportation system C. high standard of living D. high cost of living Correct Answer:…

6 years ago

One of the factors responsible for low agricultural production in West Africa is?

A. inadequate labour B. shortage of lands C. inadequate implements D. inadequate research Correct Answer: Option C C. inadequate implements

6 years ago

The economic goals of public corporation is to?

A. maximize profits B. expand assets C. minimize cost D. provide essential services Correct Answer: Option D D. provide essential…

6 years ago

The shares which do not carry any fixed rate of dividend are known as?

A. debenture B. cumulative preference shares C. ordinary shares D. participating preferential shares Correct Answer: Option C C. ordinary shares

6 years ago

One advantage of the sole proprietor is that?

A. control and supervise is under one man B. accounts must be publicized C. it is always successful D. funds…

6 years ago

Which of the following is a type of business organization?

A. stock exchange B. insurance company C. chain stores D. co-operatives Correct Answer: Option D D. co-operatives

6 years ago

The most common type of business in West African countries is?

A. joint-stock companies B. sole proprietorships C. Partnership D. public enterprises Correct Answer: Option B B. sole proprietorships

6 years ago

Price elasticity supply measures the responsiveness of quantity supplied to?

A. change in suppliers' income B. change in price of other commodities C. a change in the price of the…

6 years ago