Economically, underdeveloped countries are characterized by
High rate of population growth and low rate of economic growth
High rate of economic growth and low rate of population growth
High rate of population growth aand high rate of economic growth
Low rate of population growth and low rate of economic growth
Correct answer is A
No explanation has been provided for this answer.
The family Support Programme in Nigeria essentially focuses on
The generation of employment
The alleviation of poverty
Agricultural and industrial development
Economic emancipation of women
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a transfer payment?
Dividend to a shareholder
Gift to a motherless babies home
Salary to a worker
Rent to a landlord
Correct answer is A
No explanation has been provided for this answer.
The major objective of economic growth is to
Redistribute income and other benefits of growth
Equalize opportunities for education and employment
Increase the aggregate expenditure on goods and services
Increase real per capita income
Correct answer is D
No explanation has been provided for this answer.
A fall in the marginal propensity to save will lead to
A decrease in national income
An increase in national income
No change in national income
An increase in disposable income
Correct answer is A
No explanation has been provided for this answer.