One of the economic problems of Nigeria today arises from
The over utilization of human and natural resources
Unavailability of mineral resources
Inadequate manpower resources
The under-utilization of human and natural resources
Correct answer is D
No explanation has been provided for this answer.
I and II only
I, II and iii only
I, II and IV only
II and III only
Correct answer is B
No explanation has been provided for this answer.
An important feature of a cartel is that
Members do not reduce price below the cartel price
Each member has a fixed output above which it is not expected to produce
A powerful member fixes the price at which others will sell
Members fix the prices for their products
Correct answer is B
No explanation has been provided for this answer.
When public enterprises become commercialized, it means that
The product of the enterprises are further subsidized
They are expected to operate with the primary aim of making profits
The government has decided to divest itself of such enterprises
The staff of the enterprises will be laid off
Correct answer is B
No explanation has been provided for this answer.
Economic Community of West Africa States
International Monetary Fund
International Bank for Reconstruction and Development
African Develoment Bank
Correct answer is B
No explanation has been provided for this answer.