This law refers to a short run production situation. The law of diminishing returns states that as more of the […]
Tag: SS2 ONLINE STUDY
Effect of imports on the multiplier: Increased importation reduces the sizes of multiplier with a consequent reduction in the size […]
Expenditure on investment goods constitutes part of aggregate expenditure. If investment expenditure is increased, there will be an increase in […]
In using this method, account is taken of all the income received by individuals, firms and government within a year […]
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NATIONAL INCOME ACCOUNTING
National income accounting may be defined as the ways or means of computing or determining the money value of the […]
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DEVELOPMENT BANK
A development bank is a bank specifically established to provide long-term finance (loan) for various development projects, which help to […]
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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 […]
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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 […]
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GOVERNMENT EXPENDITURE
GOVERNMENT EXPENDITURE Government expenditure refers to total expenses incurred by the public authorities at the federal, state and local government […]