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Vraag 2 Verslag
Which of these is NOT a bottle neck In the distribution of goods In Nigeria?
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Vraag 6 Verslag
The Industrial strategy of producing locally those goods that could have been imported is known as
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Vraag 7 Verslag
Which of the following is NOT a contribution of agriculture to industrial development?
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Vraag 10 Verslag
Goods that are useful, scarce and can command price are called …………. goods.
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Vraag 15 Verslag
Which of the following is NOT an advantage of localization of industry?
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Vraag 16 Verslag
The following methods are used in calculation of National Income EXCEPT
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Vraag 18 Verslag
If the Income flow of a country exceeds the expenditure flow in international transactions, the balance of payment is
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Vraag 20 Verslag
A tax system in which the rich pay a higher percentage of income as tax than the poor is known as
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Vraag 21 Verslag
Which of the following is NOT a feature of land?
Vraag 25 Verslag
Unemployment resulting from physical or mental deficiency is known as……………unemployment.
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Vraag 26 Verslag
A tax system in which the income earner pays a fixed percentage of his income annually is known as …………. tax.
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Vraag 27 Verslag
A deliberate government policy to exclude foreign participation in certain economic activity is known as
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Vraag 29 Verslag
The African Development Bank was set up in 1964 and has its headquarters in
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Vraag 30 Verslag
Standard deviation can be determined by the square root of the
Vraag 31 Verslag
The difference between Gross National Income and Gross Domestic Product is known as
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Vraag 33 Verslag
A comprehensive statement of Income and expenditure on international accounts for one financial year is called
Vraag 36 Verslag
Find the arithmetic mean of the following set of scores 12, 4, 2, 8, and 14
Vraag 37 Verslag
If total Income is N15m and total consumption Is N3m. then the average propensity to consume is
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Vraag 38 Verslag
The solution to problem of how to produce in a capitalist economy is solved by
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Vraag 39 Verslag
The difference between bar charts and histograms is that the former
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Vraag 42 Verslag
A change in National Income brought about by a given change in investment Is
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Vraag 43 Verslag
The creation of physical and concrete goods that can be seen and handled Is
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