Which of the following is a function of the central bank?
Accepting deposits from the public
Agent of payment for individuals
Discounting bills of exchange
Issuing of currency
Provision of short term housing loans
Correct answer is D
No explanation has been provided for this answer.
Firm
Industry
Industrialization
Location of industry
Localization
Correct answer is C
No explanation has been provided for this answer.
The purchasing power of the Naira will fall when
Workers are retrenched
The colour of the Naira is changed
The military take over
There is inflation
None
Correct answer is D
No explanation has been provided for this answer.
Duopolist
Group of producers of related goods
Partnership business that produces a commodity with high demand
Single producer or seller of a commodity at cheap rate
Single producer or seller of a commodity that has no close substitute
Correct answer is E
No explanation has been provided for this answer.
Economic growth can be defined as
A rapid and sustained rise in real output per head
A rise in real income per head
An increase in technology only
Insufficiency in food production
Over population in a country
Correct answer is B
No explanation has been provided for this answer.