A component of the national debt of a country is
...A component of the national debt of a country is
Taxation
Bank saving
The budget
Treasury bills
Correct answer is D
Treasury bills are government debt securities issued to the public through the central bank, to raise money. What this means is that, when the government sees the need to control the flow of money when there is excess money in circulation in the economy, they issue debt securities to inviting people to invest that excess money and get paid interest when the security matures.
The main item traded on a stock exchange market is ...
The major problem confronting a sole proprietor is ...
The main feature of regressive taxation is that its rate ...
Which of the following does not give a characteristics of money? ...
If total income is N15m and total consumption is N3m, then the average propensity to consume is ...
Cost - push inflation occurs when_______ ...
Using functional relationship in economics QX = f (px, po, y, T); po stand for ...