An economy in which both the public and private sectors contribute to economic growth is as
Feudal economy
Capitalist economy
Socialist economy
Mixed economy
Correct answer is D
A mixed economy is an economic system combining private and state enterprise. This means economic activities in a country are undertaken by both private indiduals and the government.
The labour force of a country is determined by the
Age structure of the population
Geographical distribution of the population
Sex distribution of the population
Number of people available for work
Correct answer is D
The labour force is the sum of persons in employment plus persons in unemployment. Together these two groups of the population represent the current supply of labour for the production of goods and services taking place in a country through market transactions in exchange for remuneration.
Excise duties
Import duties
Quotas
Tariff
Correct answer is C
Quotas : a limited quantity of a particular product which under official controls can be produced, exported, or imported.
A major determinant of floating exchange rate is
The highest denomination of the currency
An Act of the parliament
The system of government
The forest of demand and supply
Correct answer is D
A floating exchange rate is a regime where the currency price of a nation is set by the forex market based on supply and demand relative to other currencies.
An accurate population census is important in other to
Produce more food for the growing population
Provide employment opportunities for the people
Estimate a country's per capita income
Fast track industrial development
Correct answer is C
Population census helps to forecast the country's economic growth including its per capita income.