The capital market provides business firms with the avenue to
Lease capital equipment
Obtain long-term funds
Obtain short-term funds
Purchase capital equipment
Correct answer is B
No explanation has been provided for this answer.
In an open economy, the GNP is measured as
C+I+G+X
C+I+G+(X-M)
C+I+G+M
C+I+G
Correct answer is B
No explanation has been provided for this answer.
The primary function of non-bank financial institutions is to
Manage investment portfolios for government
Mobilize savings for investment
Grant loans to banks
Receive deposits from banks
Correct answer is B
No explanation has been provided for this answer.
The types, sources and uses of government income are mainly concerned with
Public expenditure
Public revenue
Public budget
Public finance
Correct answer is D
No explanation has been provided for this answer.
One of the major factors militating against industrialization in Nigeria is the
Inadequacy of infrastructural facilities
Absence of government participation
Frequent breakdown of equipment
Failure to get foreign partners and supporters
Correct answer is A
No explanation has been provided for this answer.