J Economics 20

Plywood industries are often located near the source of?

Crude petroleum is a good example of a

The relationship between the tax rate and income which is relevant to progressive tax is shown by?

The most important goal of OPEC is to?

A situation in which a commodity is sold abroad below its cost of production in the home country is known as?

Firms are often set up close to each other in order to take advantage of?

A budget with a projected revenue in excess of its expenditure is said to be?

The use of legally permissible means to reduce tax liabilities is known as tax?

Which of the following rewards is associated with entrepreneurship

Which of the following is an example of an invisible item on the balance of payments account?

One of the techniques of monetary control used by the central bank of Nigeria is

Economic growth is different from economic development because economic growth _____

In economic life, the choice among alternatives depends on the?

Which of the following is likely to be inflationary?

Utility is the satisfaction derived from?

Scarcity in economics means?

A major effect of a long distribution chain is

Which of the following is used by the central bank to control the rate of interest?

The Nigerian bank for commerce and industry is?

A company's expenditure on raw materials is regarded as?

Collectivism refers to the management of state enterprises in a?

One of the major criticisms of the 1962 -1968 National Development Plan was that?

In recent times, agriculture in Nigeria tends to lose its vital labour force as a result of?

The type of business finances that entitles the holder to a fixed rate of dividend is?

Economics is often described as a social science because?

When a country's population is experiencing increasing returns, that country is said to be?

The problem of conducting census include?

The most important attribute of money is?

If aggregate income is N500.00 and aggregate consumption is N400.00, this means that the average propensity to consume is?

To control inflation, the monetary authorities of a country can?

The Economic Commission for Africa was set up by the?

In order to raise more revenue for a certain period, the government should impose higher taxes on goods whose demand

The law of diminishing marginal utility indicates that if a consumer increases his consumption of a commodity continuously

Efficiency in production means?

A major factor affecting the value of money is the?

The relationship between tax rate and income which is relevant to a proportional tax is depicted by?

What form of market is found in an imperfect competition where there are few buyers and many sellers

The factor of production that has the highest degree of mobility is?

Fiduciary issue is that part of?