Economics II | Study Mode

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Question 41
A
mining, rents and royalties
B
company income tax
C
import duties
D
petroleum profit tax
Explanation

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Correct option: D
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Question 42
A
personal income minus personal savings
B
personal income minus taxes
C
exports minus imports
D
savings plus investments
Explanation

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Correct option: B
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Question 43
A
Ordinary shares
B
Preference shares
C
participating preference shares
D
debentures
Explanation

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Correct option: D
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Question 44
A
Transport
B
Storage
C
After-sale services
D
Branding
Explanation

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Correct option: D
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Question 45
A
Gross national income minus depreciation
B
gross national income divided by the total population
C
gross national product plus subsidies minus indirect taxes
D
gross domestic product plus net income from abroad
Explanation

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Correct option: A
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Question 46
A
Progressive
B
Indirect
C
Regressive
D
Proportional
Explanation

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Correct option: C
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Question 47
A
cash
B
money at call
C
treasury bills
D
reserve funds
Explanation

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Correct option: B
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Question 48
A
Wages earned by doctor
B
Rent paid to landlords
C
Indirect tax
D
Interest on loan
Explanation

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Correct option: C
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Question 49
A
Money in the tills of the bank
B
money at call
C
Treasury certificates
D
Treasury bills
Explanation

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Correct option: A
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Question 50
A
a yam floor mill
B
a poultry industry
C
a fertilizer plant
D
none of the above
Explanation

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Correct option: D

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