The Net National Product (NNP) is Gross National Product (GNP) less
Domestic product
Foreign product
Depreciation
Investment
Correct answer is C
No explanation has been provided for this answer.
A country whose economy is buoyant is likely to have
A weak currency
Devaluation from time to time
A strong currency
Balance of payment problem
Correct answer is C
No explanation has been provided for this answer.
Monetary control measure are coordinated by
Development banks
Merchant banks
Commercial banks
The central banks
Correct answer is D
No explanation has been provided for this answer.
Which of the following is an example of direct tax?
Import duties
Income tax
Export duties
Purchase tax
Correct answer is B
No explanation has been provided for this answer.
If tax takes a large proportion of the income of people with lower income, the tax is
Progressive
Proportional
Regressive
Investment
Correct answer is C
No explanation has been provided for this answer.