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3396

Which of the following financial institutions cannot be found on the capital market of a country

  • A. commercial bank
  • B. mortgage bank
  • C. stock exchange
  • D. Agricultural bank
View Answer & Discuss (5) WAEC 2016
3397

The stock market is a market for

  • A. new and second hand shares
  • B. debentures
  • C. goods and services
  • D. short terms securities
View Answer & Discuss WAEC 2016
3398

Indirect taxes are generally

  • A. progressive
  • B. regressive
  • C. equitable
  • D. proportionate
View Answer & Discuss WAEC 2016
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3399

Fiscal policy that can control inflation will include the use of

  • A. balanced budgeting
  • B. tax holidays
  • C. budget deficit
  • D. budget surplus
View Answer & Discuss (3) WAEC 2016
3400

Which is following is a cause of under-development in West Africa

  • A. Availability of manpower
  • B. increasing population
  • C. high rate of capital formation
  • D. large size of market places
View Answer & Discuss WAEC 2016
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