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Frage 2 Bericht
The professional that view cost in term of alternatives sacrificed is the
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Frage 6 Bericht
The most generally accepted definition of economics is
Frage 8 Bericht
Abdul is faced with a choice between buying a new NOTE book and a pen with N10. Since the N10 can NOT give him both items he decide to buy NOTE book. The money cost to him is
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Frage 11 Bericht
A shift of the demand curve leftward from its original position indicate
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Frage 13 Bericht
One of the following is NOT a reason for increase in public expenditure
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Frage 14 Bericht
According to the theory of comparative advantages, countries are to specialize based on their
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Frage 19 Bericht
The first commercial oil well in Nigeria was discovered in
Frage 22 Bericht
Which of the following is NOT a reason for the absence of an industry in the rural areas?
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Frage 23 Bericht
Economic growth is the
Frage 26 Bericht
In the demographic transition theory, stage II represents a stage where
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Frage 32 Bericht
Which of these is NOT a basic economic problem of society?
Frage 37 Bericht
An economic system where both the public and individuals own and control means of production is known as ……… system
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Frage 39 Bericht
The aim of indigenization policy was to
Frage 42 Bericht
In economics, electricity, water supply, communication networks, road, etc are known as
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Frage 46 Bericht
The law of variable proportion state that if the quantities of variable factor of production are used with fixed factor, after a certain point,
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Frage 48 Bericht
Using functional relationship in economics QX = f (px, po, y, T); po stand for
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Frage 49 Bericht
A tax system which takes lesser percentage of a tax payers income as his income increase is known as
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Frage 50 Bericht
Which of the following is NOT a sources of national income statistics?
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