Lesson Objectives By the end of the lesson, students should be able to: What is Credit Creation? Credit creation is when banks increase the amount of money available in the …
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We will be looking at the parties to a cheque, such as the drawer, the drawee, and the payee. We will also examine types of cheques and reasons for dishonoring …
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Financial institutions are organizations that help people and businesses manage money through services such as saving, lending, and transferring funds. The most common type is the commercial bank, which keeps …
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The Nature Of The Nigerian Economy (Exploring Its Vast Potentials And Challenges)
The Nigerian economy is one of the largest in Africa, richly endowed with both human and natural resources. It operates as a mixed economy, meaning that both the government and …
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The apt knowledge of the dynamics of the labour market ought to be acquired and applied in order to conserve resources and to optimise productivity. Labour is a key factor …
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Economics is the study of how people, businesses, and governments make choices about how to use limited resources to satisfy their unlimited wants. One popular definition of economics is by …
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What is Supply? Supply refers to the quantity of a good or service that producers are willing and able to offer for sale at various prices over a specific period …
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