Occupational mobility as applied to factors of production means the ease by which
Factors can be transferred from one form of use to another
Resources can be transferred from one place to another
Resources can be transformed from one form to another
Factors can be transferred from one place to another
Correct answer is A
No explanation has been provided for this answer.
In Nigeria, the bank that can correctly be described as a unit bank is
The central bank
People’s bank
Mortgage bank
Community bank
Correct answer is A
No explanation has been provided for this answer.
The demand for labour is an example of
Composite demand
Joint demand
Derived demand
Competitive demand
Correct answer is C
No explanation has been provided for this answer.
When a union is composed of workers with the same skill,it is termed
A technical union
A craft union
An industrial union
A workers' union
Correct answer is B
No explanation has been provided for this answer.
National Income estimates can be used to
Differentiate between the rich and the poor in a country
Prepare a country's annual budget
Protect the level of a country's economic development
Compare a country's growth rate with that of another over a period of time
Correct answer is D
No explanation has been provided for this answer.