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Pergunta 1 Relatório
Unemployment resulting from physical or mental deficiency is known as……………unemployment.
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Pergunta 2 Relatório
A deliberate government policy to exclude foreign participation in certain economic activity is known as
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Pergunta 3 Relatório
The solution to problem of how to produce in a capitalist economy is solved by
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Pergunta 4 Relatório
Which of the following is an advantage of free enterprise economy?
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Pergunta 5 Relatório
The creation of physical and concrete goods that can be seen and handled Is
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Pergunta 6 Relatório
The difference between bar charts and histograms is that the former
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Pergunta 8 Relatório
Standard deviation can be determined by the square root of the
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Pergunta 10 Relatório
The following methods are used in calculation of National Income EXCEPT
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Pergunta 11 Relatório
A tax system in which the income earner pays a fixed percentage of his income annually is known as …………. tax.
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Pergunta 12 Relatório
Agricultural production in Nigeria could be improved through
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Pergunta 14 Relatório
Goods that are useful, scarce and can command price are called …………. goods.
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Pergunta 16 Relatório
The Industrial strategy of producing locally those goods that could have been imported is known as
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Pergunta 18 Relatório
Which of the following goods are NOT examples of joint supply?
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Pergunta 20 Relatório
The following are advantages of standard deviation EXCEPT that it
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Pergunta 22 Relatório
Which of the following is NOT an advantage of localization of industry?
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Pergunta 23 Relatório
Which of the following is a disadvantage of sole proprietorship?
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Pergunta 25 Relatório
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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Pergunta 26 Relatório
If the Income flow of a country exceeds the expenditure flow in international transactions, the balance of payment is
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Pergunta 28 Relatório
A change in National Income brought about by a given change in investment Is
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Pergunta 30 Relatório
The following are the objectives of economic planning EXCEPT
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Pergunta 31 Relatório
A comprehensive statement of Income and expenditure on international accounts for one financial year is called
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Pergunta 33 Relatório
Which of the following Is NOT a function of Merchant Bank
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Pergunta 35 Relatório
which of the following measures can be used to control inflation?
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Pergunta 36 Relatório
If the price Index of export is 140% and import is 200%, what is
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Pergunta 37 Relatório
If total Income is N15m and total consumption Is N3m. then the average propensity to consume is
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Pergunta 38 Relatório
Find the arithmetic mean of the following set of scores 12, 4, 2, 8, and 14
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Pergunta 39 Relatório
Which of these is NOT a bottle neck In the distribution of goods In Nigeria?
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Pergunta 41 Relatório
The difference between Gross National Income and Gross Domestic Product is known as
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Pergunta 44 Relatório
Which of the following is NOT a contribution of agriculture to industrial development?
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Pergunta 46 Relatório
The African Development Bank was set up in 1964 and has its headquarters in
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