The most important factor determining the location of the cement industry in Nigeria today is
Capital and government policy
The nature of the product, infrastructure and government policy
Nearness to the market and source of power
Price of the product and source of labour
Raw materials
Correct answer is E
No explanation has been provided for this answer.
Deflation is a persistent fall in the general price level and is usually caused by
A reduction in total demand
An increase in government spending
An increase in the money supply
An increase in aggregate demand
Correct answer is A
No explanation has been provided for this answer.
Function as a safe and profitable store place for savings
Role in financing balance of payment deficits
Status as an intermediary between savers and borrowers
Ability to create and destory money
Correct answer is C
No explanation has been provided for this answer.
The basic principles of cooperative societies are those of
Active participation of capitalist in the affairs of co-operative societies
Worker’s ownership and worker’s control
Sole proprietorship
Partnership
Denying of credit facilities to members
Correct answer is B
No explanation has been provided for this answer.
N100.00
N1,000.00
N9,000.00
N10,000.00
Correct answer is D
No explanation has been provided for this answer.