41 - 50 of 50 Questions
# | Question | Ans |
---|---|---|
41. |
Which of the following combination of qualities ensures a good tax system? A. Deflationary equity, certainty and convinience B. Economy convinience, certainty and equity C. Economy, deflationary, inflationary and certainty D. Economy, convinience, certainty and inflationary |
B |
42. |
The quantity demanded of a commodity is influenced only by changes A. tastes B. weather C. price of the commodity D. Price of other commodities |
C |
43. |
Which of the following is an indirect tax A. income tax B. company tax C. profit tax D. sales tax |
D |
44. |
When a pen and a book is demanded together, the demand is said to be A. composite B. competitive C. joint D. derived |
C |
45. |
The reward for capital is A. interest B. rent C. risk premium D. premium |
A |
46. |
Infant industries are industries that A. deals in the production of infant books B. are in their earlier stage of production C. produce dresses for infants D. are well established |
B |
47. |
The most common form of business enterprise in West Africa is the A. Sole proprietorship B. Co-operative C. Partnership D. joint stock company |
A |
48. |
In order to boost agriculture, West African countries should pay more attention to A. shifting cultivation B. animal husbandry C. seed multiplication D. mechanization |
D |
49. |
Gross National Product (GNP) less depreciation is known as A. Gross Domestic Products B. Gross National Income C. Fixed National Income D. Net National Income |
D |
50. |
West African economy can best be described as A. agricultural B. backward C. developed D. industrialized |
A |
41. |
Which of the following combination of qualities ensures a good tax system? A. Deflationary equity, certainty and convinience B. Economy convinience, certainty and equity C. Economy, deflationary, inflationary and certainty D. Economy, convinience, certainty and inflationary |
B |
42. |
The quantity demanded of a commodity is influenced only by changes A. tastes B. weather C. price of the commodity D. Price of other commodities |
C |
43. |
Which of the following is an indirect tax A. income tax B. company tax C. profit tax D. sales tax |
D |
44. |
When a pen and a book is demanded together, the demand is said to be A. composite B. competitive C. joint D. derived |
C |
45. |
The reward for capital is A. interest B. rent C. risk premium D. premium |
A |
46. |
Infant industries are industries that A. deals in the production of infant books B. are in their earlier stage of production C. produce dresses for infants D. are well established |
B |
47. |
The most common form of business enterprise in West Africa is the A. Sole proprietorship B. Co-operative C. Partnership D. joint stock company |
A |
48. |
In order to boost agriculture, West African countries should pay more attention to A. shifting cultivation B. animal husbandry C. seed multiplication D. mechanization |
D |
49. |
Gross National Product (GNP) less depreciation is known as A. Gross Domestic Products B. Gross National Income C. Fixed National Income D. Net National Income |
D |
50. |
West African economy can best be described as A. agricultural B. backward C. developed D. industrialized |
A |