economics

The Central Bank controls money supply through all the following except?

A. lending to the public B. bank rate C. legal reserve requirements D. open market operation Correct Answer: Option A…

6 years ago

Which of the following is a legal tender?

A. bank-notes B. bank overdrafts C. bills of exchange D. money order Correct Answer: Option A A. bank-notes

6 years ago

In which of the following ways has inflation adversely affected your country’s economy?

A. increase in the money supply B. a fall in real income C. appreciation in the value of money D.…

6 years ago

The best way of combating demand-pull inflation is to?

A. increase income taxes B. reduce income taxes C. increase import duties D. increase salaries and wages Correct Answer: Option…

6 years ago

Which of the following is not a reason for holding money?

A. Ostentation B. Speculations C. Transactions D. Precautionary Correct Answer: Option A A. Ostentation

6 years ago

The total stock of money available for use in an economy is?

A. a function of money B. a characteristics of money C. the demand for money D. the supply of money…

6 years ago

Which of the following over-estimates the value of national income?

A. incomplete statistical data B. Wrong timing of computation C. changes in price of goods within the year D. double…

6 years ago

Which of the following equation is appropriate for determining the Net Domestic Product (NDP)?

A. NDP = GNP - depreciation B. NDP = GDP + Net Income from abroad C. NDP = GDP -…

6 years ago

Which of the following is not a concept in National Income Accounting?

A. Domestic National Products (DNP) B. Gross National Product (GNP) C. Gross Domestic Product (GDP) D. Net Domestic Product (NDP)…

6 years ago

The following are all factors determining the location of the industry except?

A. minimum wage rate B. availability of labour C. nearness of raw materials D. proximity to the market Correct Answer:…

6 years ago