Expenditure on investment goods constitutes part of aggregate expenditure. If investment expenditure is increased, there will be an increase in […]
Concept of Multiplier (K)
The multiplier measures the effect of a change in any of the components of aggregate demand such as private consumption, […]
SAVINGS: are made up of disposable incomes which are not spent on consumer goods and services. In other words, saving […]
Circular flow of income
CIRCULAR FLOW OF INCOME There is a constant flow of inputs and outputs as well as income among the different […]
In using this method, account is taken of all the income received by individuals, firms and government within a year […]
NATIONAL INCOME ACCOUNTING
National income accounting may be defined as the ways or means of computing or determining the money value of the […]
DEVELOPMENT BANK
A development bank is a bank specifically established to provide long-term finance (loan) for various development projects, which help to […]
THE STOCK EXCHANGE MARKET
THE STOCK EXCHANGE MARKET The stock exchange market is a highly organised capital market which provides facilities for the buying […]
HOW FUNDS ARE ALLOCATED TO LG, SG, AND FG NIGERIAN GOVERNMENT REVENUE ALLOCATION The Nigerian government financial system operates a […]
The Budget and National/Public Debt
A budget may be defined as a financial statement of the total estimated revenue and the proposed expenditure of a […]