A. overdependence on foreign aids B. inadequate funding of projects C. poor implementation strategies D. shortage of skilled manpower Correct…
A. implement government stabilization policy B. increase taxes and decrease government expenditure C. increase government expenditure and decrease taxes D.…
A. balanced budgeting B. deficit budgeting C. surplus budgeting D. zero budgeting Correct Answer: Option B - deficit budgeting Explanation…
A. maintaining a stable price in the economy B. regulating monetary policies C. granting loans to customers D. issuing bank…
A. increase in money supply in the economy B. reduce the cash reserve ratio for banks C. reduce money supply…
A. unit of account B. store of value C. medium of exchange D. standard of deferred payment Correct Answer: Option…
A. N 214 million B. N 45 million C. N 105 million D. N 500 million Correct Answer: Option B…
A. boom B. inflation C. deflation D. recession Correct Answer: Option C - deflation Explanation A small downturn in consumer…
A. level of income B. level of consumption C. level of investment D. rate of savings Correct Answer: Option A…
A. cartel B. collusion C. haggling D. specialization Correct Answer: Option A - cartel Explanation A cartel is an association…