economics

The efficiency of labour can be increased by?

A. constant training of workers B. retirement of workers on a regular basis C. engaging expatriates only D. placing an…

5 years ago

An increase in the discount rate is an indication of a central bank’s intention to pursue?

A. an expansionary monetary policy B. a disciplined monetary policy C. a dynamic monetary policy D. a contractionary monetary policy…

5 years ago

Economic growth can be accelerated through ______?

A. balancing of savings and consumption B. postponement of current consumption C. planned current consumption D. increased current consumption Correct…

5 years ago

In national income accounting; NNP is derived by subtracting from the GNP?

A. transfer payments B. indirect taxes C. allowance for wastage D. capital consumption Correct Answer: Option D - capital consumption…

5 years ago

The capital market is a market for trading of financial assets such as?

A. bankers' acceptances B. treasury bills C. long-term securities D. commercial papers Correct Answer: Option C - long-term securities

5 years ago

The price paid for labour services is the?

A. commission rate B. wages rate C. income rate D. salary rate Correct Answer: Option B - income rate

5 years ago

A tax that increases at a higher percentage as income increase is called?

A. a proportion tax B. a regressive tax C. a progressive tax D. an income tax Correct Answer: Option C…

5 years ago

The raising of funds by selling stocks to the public is called?

A. equity financing B. stock financing C. debt financing D. loan financing Correct Answer: Option A - equity financing Explanation…

5 years ago

An industry is?

A. company producing unrelated commodities B. group of firms producing related commodities C. group of firms producing distinct commodities D.…

5 years ago

To facilitate the exportation of crude oil from Nigeria, special?

A. airstrips were constructed for jets to evacuate the oil B. roads were built to connect the major oil wells…

5 years ago