Money market differs from capital market in that it
Deals with short-term loans while capital market deals with long-term funds
Deals with money only while capital market deals with capital as well
Is limited in scope while capital market is not
Uses interest rate while capital does not
Correct answer is A
No explanation has been provided for this answer.
In the diagram equilibrium price is
P2
Po
P1
Indeterminate
between Po and P1 Diagram P.2
Correct answer is B
No explanation has been provided for this answer.
3:2
1:3
2:3
1:5
Correct answer is D
No explanation has been provided for this answer.
A limited liability company is usually owned by
An individual
A government
Shareholders
Two or more partners
Correct answer is C
No explanation has been provided for this answer.
Which of the following is NOT a part of the fixed costs of a limited liability company?
Interest on loans
Rent on buildings
Depreciation reserves
Management expenditure
Wages
Correct answer is E
No explanation has been provided for this answer.
JAMB Subjects
Aptitude Tests