Which business organization enjoys tax-free point in East Africa?
Co-operative societies
Private limited liability companies
Joint stock companies
Partnerships
Correct answer is A
No explanation has been provided for this answer.
Personal savings are generally low in West Africa because of
The level of income of people
The refusal of banks to grant loans
Overpopulation
Cheaper foreign currencies
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a function of merchant banks?
Minting of coins
Preparation of government budget
Keeping watch on external reserves of the country
Acting as acceptance houses
Correct answer is D
No explanation has been provided for this answer.
inflation can be controlled by increasing
Aggregate supply
Government expenditure
Aggregate demand
A deficit budget
Correct answer is A
No explanation has been provided for this answer.
Who among the following will benefit from inflation?
Pensioners
Savers
Debtors
Creditors
Correct answer is C
No explanation has been provided for this answer.