by Sunday | Oct 24 | Economics JAMB
A. the chief executive B. the shareholders C. the board of directors D. financial consultants Correct Answer: Option C – the board of directors
by Sunday | Oct 24 | Economics JAMB
A. high level of risk B. limited expertise C. limited source of capital D. high taxation Correct Answer: Option C – limited source of capital
by Sunday | Oct 24 | Economics JAMB
A. provide short-run loans to members B. encourage trade between members C. promote capital-intensive production D. provide long-time loans to members Correct Answer: Option D – provide long-time loans to members
by Sunday | Oct 24 | Economics JAMB
A. market forces determine interest and exchange rates B. government alone determines interests and exchange rates C. market forces and government determine interest and exchange rates D. exchange rate is regulated while interest rate is fixed Correct Answer: Option C...
by Sunday | Oct 24 | Economics JAMB
A. higher price at home than abroad B. lower price at home than abroad C. price that equates marginal cost with marginal revenue D. price above marginal cost abroad Correct Answer: Option A – higher price at home than abroad Explanation Dumping is an...