A deficit budget can be used to
Stimulate recovery from a trade depression
Protect the economy from inflation
Starve the economic of funds for economic development
Provide measures to remedy the balance of payments
Correct answer is B
No explanation has been provided for this answer.
ECOWAS has taken a giant step towards economic integration by
Presenting a united front against foreign economic exploiters
Introducing a common currency for travellers
Holding frequent meeting at various state capitals
Increasing economic stability among member states
Correct answer is D
No explanation has been provided for this answer.
One of the major criticisms of the 1992-1968 National development Plan was that
It failed to incorporate lessons gained from earlier plans to enhance its efficiency
It came too quickly after the country's indepedence
Planned expenditure was based too heavily on expected earnings from crude oil
Its execution was based largely on foreign sourced financial resources
Correct answer is D
No explanation has been provided for this answer.
Substituting agricultural products with industrial ones
Substituting imports with agricultural exports
The diversification of industries
Improving the balance of payments
Correct answer is B
No explanation has been provided for this answer.
Which of the following yields more revenue to Nigeria?
Value added tax
Royalties
Indirect tax
Direct tax
Correct answer is C
No explanation has been provided for this answer.