Which of the following institutions does not operate in t...
Which of the following institutions does not operate in the money market?
Central bank
Mortgage banks
Money deposit banks
Insurance companies
Correct answer is B
This question is a little bit tricky to answer because out of the 4 options provided only one is not a
participant in the (Nigeria) money market and that is the mortgage banks because mortgage loans
are usually not in short term of say 13months which makes it not fit into the money market characterized by short term loans. The central bank, Money deposit bank and insurance companies
are all participant of the money market because they offer short term loans.
Indirect tax are taxes which ...
A review of occupational distribution of population from time to time helps us to know the ...
If a total cost curve is plotted, marginal cost can be illustrated by the ...
Creation of money by commercial bank is done by ...
Dumping in Economics means the selling of goods in a foreign market ...
International trade is different from internal trade because of the ...
Factory buildings, machinery and raw materials are known in Economics as ...
When the price of a good is above the equilibrium, there will be ...
If the marginal propensity to save is 0.8, calculate the multiplier? ...