The distinction between perfect competition and monopolistic competition is that the latter is characterized by?
A. a single market price B. many buyers and sellers C. product differentiation D. homogeneity of product Correct Answer: Option C – product differentiation
GDP differs from GNP because GDP?
A. is inclusive of depreciation B. emphasizes the final goods and service produced within the country at a particular period C. emphasizes the goods and services within the country D. emphasizes the market value of all final goods and services produced by nationals...
Which financial institution is charged with the formulation of monetary polices in Nigeria?
A. The Central Bank of Nigeria B. The Nigeria Deposit Insurance Corporation C. The Abuja Commodity Exchange D. The Lagos Stock Exchange Correct Answer: Option A – The Central Bank of Nigeria
The capital market provides business firms with the avenue to?
A. lease capital equipment B. obtain long-term funds C. obtain short-term funds D. purchase capital equipment Correct Answer: Option B – obtain long-term fundsProducts
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