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Tambaya 2 Rahoto
The following are bye-products of crude oil EXCEPT
Tambaya 3 Rahoto
The first oil refinery in Nigeria was established at
Tambaya 4 Rahoto
Which of these is NOT a bottle neck In the distribution of goods In Nigeria?
Bayanin Amsa
Tambaya 6 Rahoto
If the Income flow of a country exceeds the expenditure flow in international transactions, the balance of payment is
Bayanin Amsa
Tambaya 7 Rahoto
A tax system in which the income earner pays a fixed percentage of his income annually is known as …………. tax.
Bayanin Amsa
Tambaya 8 Rahoto
Goods that are useful, scarce and can command price are called …………. goods.
Bayanin Amsa
Tambaya 11 Rahoto
The following are the objectives of economic planning EXCEPT
Tambaya 12 Rahoto
Find the arithmetic mean of the following set of scores 12, 4, 2, 8, and 14
Tambaya 13 Rahoto
The difference between Gross National Income and Gross Domestic Product is known as
Bayanin Amsa
Tambaya 15 Rahoto
The African Development Bank was set up in 1964 and has its headquarters in
Tambaya 17 Rahoto
Which of the following is NOT a contribution of agriculture to industrial development?
Bayanin Amsa
Tambaya 18 Rahoto
The following methods are used in calculation of National Income EXCEPT
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Tambaya 19 Rahoto
A change in National Income brought about by a given change in investment Is
Bayanin Amsa
Tambaya 20 Rahoto
A comprehensive statement of Income and expenditure on international accounts for one financial year is called
Tambaya 21 Rahoto
If total Income is N15m and total consumption Is N3m. then the average propensity to consume is
Bayanin Amsa
Tambaya 23 Rahoto
The solution to problem of how to produce in a capitalist economy is solved by
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Tambaya 25 Rahoto
A tax system in which the rich pay a higher percentage of income as tax than the poor is known as
Bayanin Amsa
Tambaya 26 Rahoto
Standard deviation can be determined by the square root of the
Tambaya 28 Rahoto
The creation of physical and concrete goods that can be seen and handled Is
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Tambaya 29 Rahoto
The Industrial strategy of producing locally those goods that could have been imported is known as
Tambaya 32 Rahoto
Unemployment resulting from physical or mental deficiency is known as……………unemployment.
Bayanin Amsa
Tambaya 34 Rahoto
Which of the following is NOT an advantage of localization of industry?
Bayanin Amsa
Tambaya 36 Rahoto
The difference between bar charts and histograms is that the former
Tambaya 39 Rahoto
The following measures used to check deflation EXCEPT
Tambaya 41 Rahoto
Which of the following is NOT a feature of land?
Tambaya 46 Rahoto
A deliberate government policy to exclude foreign participation in certain economic activity is known as
Bayanin Amsa
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