The tax imposed on good manufacture within a country is
An excise tax
A capital gain tax
Profit tax
A sales tax
Correct answer is A
No explanation has been provided for this answer.
Which of the following serves as a banker's bank?
Commercial banks
The Mortgage Bank
The Central Bank
Development Bank
Correct answer is C
No explanation has been provided for this answer.
The marketing of government security by the Central Bank is termed
Retail banking
Open market operation
Selective credit control
Credit creation
Correct answer is B
No explanation has been provided for this answer.
Which of the following is specialized in lending money for the purpose of developing real estate?
Merchant banks
Mortgage banks
Discount houses
Commercial banks
Correct answer is D
No explanation has been provided for this answer.
Gross Domestic Product = $100,000
Factor Payments to Foreigners = $20,000
Factor Receipts from Abroad = $25,000
The Net Domestic Product is
$55,000
$60,000
$140,000
$165,000
Correct answer is B
No explanation has been provided for this answer.