Which of the following is a function of commercial banks?
Issuing currencies
Accepts deposits
Are the bankers' bank
Determine the rate of interest
Increase of time in learning a trade
Correct answer is B
No explanation has been provided for this answer.
Inflation caused by increase in demand can be curbed by
Exporting more goods and services
Hoarding of goods
Increasing the level of output
Increasing the level of money supply
Reducing importation
Correct answer is C
No explanation has been provided for this answer.
One of the instruments of protection of infants industries is the
Price control board
Open market operation
Tarrif
GDP-deflator
Multiplier
Correct answer is C
No explanation has been provided for this answer.
The actual output of an economy is the output
Which would exist if al resources were fully employed
Produced by currently employed labour capital and land
Produced in the consumer goods sector
Produced in the capital goods sector
Produced by agriculture sector
Correct answer is A
No explanation has been provided for this answer.
Which of the following will not increase the population of a country?
An increase in birth rate
A decrease in death rate
Better medical services
Immigration
Emigration
Correct answer is E
No explanation has been provided for this answer.