FUTA Economics 2018/2019 Past Questions

Which of the following is NOT a goal of modern budget?

The best technical description of progressive tax is a

The ultimate objective of economics is to

One of the advantages of partnership over a sole proprietorship is that

The liability of a sole trade is

Which of the following is NOT a type business ownership?

A limited liability company is usually owned by

A public liability company is different from private limited company because it

A modern corporation is owned by

A major short coming of a proprietorship form of business is lack of

In the event of liquidation of a private limited liability company, the shareholders liability is limited to their total

Under a system of a freely exchange rate, an increase in the international value of a country’s currency will cause

Balance of trade is the difference between

Which of the following is likely to reduce a surplus in the balance of payment of a country?

Which of the following is a tariff?

The best method to curb inflation in Nigeria is to

A bank is said to be distressed when it

One method through which the central bank can restrict the commercial banks’ power of credit expansion is to

The most important attribute of money is

In a market economy, the question of what, how and for whom to produce are solved by the