Economics Questions and Answers
Economics questions and answers to help you prepare for JAMB, WAEC, NECO, Post UTME and job aptitude tests or interviews.
Economics questions and answers to help you prepare for JAMB, WAEC, NECO, Post UTME and job aptitude tests or interviews.
Poverty simply refers to the low level of_______
Planning
Per capita income
Rich people
Labour face
Correct answer is B
Poverty refers to the low level of per capital income of a country when the average income of the people in a country is low there will be high poverty and vice versa.
The business risks of a public corporation are borne ultimately________
By the government
By the treasury
By the rate payers
By the tax payers
Correct answer is D
Public corporation also known as statutory corporation or public enterprise risks of the business are borne by the government and the tax payers but the tax payer share the greater burden because the money is used to run the business.
One of these is not a problem of agriculture___________
Provision of employment
Lack of preservation and storage facilities
Land tenure system
Poor transportation systems
Correct answer is A
Provision or providing productive employment is not a problem of agriculture.
208
104
54
4
Correct answer is B
No explanation has been provided for this answer.
There were 80,000 live births in the country
There were 6,400 live births in the country
There were 8 live births to every 100 women in working-class families
8 in every 1000 women of 21 - 45 gave birth to a live child
Correct answer is A
Since the population in the country is 10m and 8.0 gave birth to live child. Then 80,000 child were given birth in the country in 1976.