Cargando....
Mantén pulsado para arrastrar. |
|||
Haz clic aquí para cerrar |
Pregunta 2 Informe
Which of the following statements does NOT describe a situation of perfect competition?
Detalles de la respuesta
Pregunta 3 Informe
In this diagram, So So is the original supply curve while S1 S1 represent?
Detalles de la respuesta
Pregunta 5 Informe
Which of the following is NOT a visible item on international trade payment?
Detalles de la respuesta
Pregunta 6 Informe
Which is NOT an important factor responsible for high concentration of population in some part of Nigeria?
Detalles de la respuesta
Pregunta 7 Informe
Which of these statement is NOT true of economics as a discipline?
Detalles de la respuesta
Pregunta 9 Informe
Which of the following is NOT true about specialization or division of labour?
Detalles de la respuesta
Pregunta 10 Informe
Which of the following statement does NOT describe a situation of perfect competition.?
Detalles de la respuesta
Pregunta 11 Informe
Given the international trade statistics of Nigeria for the past 6 years, which of these statements would you consider to be correct?
Detalles de la respuesta
Pregunta 12 Informe
The infant industry argument for protection in developing countries recognizes the needs to employ tariffs to protect
Detalles de la respuesta
Pregunta 14 Informe
Which of the following alternatives will NOT assist in checking the population growth in West Africa countries?
Detalles de la respuesta
Pregunta 16 Informe
|
Amount of labour days |
Cocoa (tons) |
Cloth (metres) |
Country I |
200 |
600 |
900 |
Country II |
200 |
300 |
800 |
Summary of production conditions in countries l and ll.
From the table, we can correctly say in respect of international trade that
Detalles de la respuesta
Pregunta 17 Informe
The situation whereby in a fiscal year a government’s revenue receipt are less than its expenditures is referred to as?
Detalles de la respuesta
Pregunta 20 Informe
The process by which West African countries attempt to reduce the import of manufactured goods by encouraging firms to produce these goods at homes is known as?
Detalles de la respuesta
Pregunta 21 Informe
One of the probable effects of an increased minimum wage in Nigeria is?
Detalles de la respuesta
Pregunta 22 Informe
Which of the following does NOT belong in respect of the quantity of money?
Detalles de la respuesta
Pregunta 23 Informe
If the income of a consumer rises and his demand for good X falls, good X can be described as
Detalles de la respuesta
Pregunta 24 Informe
Price per tin | Demand per week | Supply per week |
₦6 | 0 tins | 45 tins |
₦5 | 5 tins | 35 tins |
₦4 | 10 tins | 25 tins |
₦3 | 15 tins | 15 tins |
₦2 | 20 tins | 5 tins |
₦1 | 25 tins | 0 tins |
Market for Garri: At a price of N5, the excess supply is`
Detalles de la respuesta
Pregunta 26 Informe
Money becomes a very poor store of value in a period of
Detalles de la respuesta
Pregunta 27 Informe
|
Sector 1 |
Sector 2 |
Sector 3 |
Sector 4 |
Share in total National Output |
25% |
10% |
50% |
15% |
Share in total Employment |
60% |
10% |
5% |
25% |
Growth rate of Sectoral Output |
2% |
5% |
10% |
3% |
From the above, the Growth Rate of Total National Output or GDP is
Detalles de la respuesta
Pregunta 30 Informe
Summary of product condition in countries i and ii
Amount of labour days, cocoa(tons) Cloth(tons)
Country i 200 600 900
country ii 200 300 800
From the above table, we can correctly say in respect of international trade that
Detalles de la respuesta
Pregunta 32 Informe
Government in West Africa countries engage in running a number of enterprises because ?
Detalles de la respuesta
Pregunta 33 Informe
'Choice arises because of scarcity of resources',In discussing this statement, Which of the following is NOT correct?
Detalles de la respuesta
Pregunta 34 Informe
If P8 and P9 represent the population of West African in 1978 and 1979 respectively, and given that in 1979.
D= number of deaths, B= number of births, I= number of immigrants, E= number of Emigrants. Then the size of the population in 1979 is given by
Detalles de la respuesta
Pregunta 35 Informe
Which of the following is NOT a visible iterm in international trade payments?`
Detalles de la respuesta
Pregunta 36 Informe
A movement along a given demand curve for a good is caused by a change in
Detalles de la respuesta
Pregunta 37 Informe
The function of money as a standard of deferred payments
Detalles de la respuesta
Pregunta 38 Informe
An increase in the price of butter causes an increase in the demand for margarine. This indicate that butter and margarine are?
Detalles de la respuesta
Pregunta 39 Informe
If a commodity has many substitutes, it is most likely that?
Detalles de la respuesta
Pregunta 40 Informe
Prohibiting the sale of lace materials in Nigeria would probably lead to?
Detalles de la respuesta
Pregunta 41 Informe
Market Schedules for Milk:
Price per tin | Quantity demanded (tins) | Quantity supplied (tins) |
8k | 25,000 | 7,500 |
10k | 23,000 | 9,000 |
13k | 20,000 | 11,500 |
15k | 18,000 | 13,000 |
18k | 15,000 | 15,000 |
20k | 13,000 | 17,500 |
23k | 10,000 | 21,000 |
25k | 8,000 | 24,000 |
From the market demand and supply schedules for milk, we can say that equilibrium price and quantity are
Detalles de la respuesta
Pregunta 42 Informe
An economy in which both the public and the private sectors contribute substantially to the growth of output is?
Detalles de la respuesta
Pregunta 43 Informe
Which of the following is NOT a major function of a Central Bank?
Detalles de la respuesta
Pregunta 46 Informe
Which of the following is NOT a characteristic of perfect competition?
Detalles de la respuesta
Pregunta 49 Informe
Which of the following statement is NOT true about agriculture in West Africa?
Detalles de la respuesta
¿Te gustaría proceder con esta acción?