The most dominant economic activity which employs the largest number of people in West Africa is
Manufacturing
Transport
Government
Agriculture
The petroleum industry
Correct answer is D
No explanation has been provided for this answer.
Which is not responsible for the decline in food production in West Africa?
Neglect of agriculture by many people
Drift of young people rural to urban areas
Influence of weather and climate
Many of the countries do not balance of payments problems
Lack of good prices for agricultural products on the farm
Correct answer is D
No explanation has been provided for this answer.
An income elastic good
A normal good
An inferior good
Demand elastic
Supply elastic
Correct answer is C
No explanation has been provided for this answer.
The PAYE (Pay As You Earn) in Nigeria is an example of
Indirect tax
Progressive tax
Regressive tax
Community tax
Flat rate tax
Correct answer is B
No explanation has been provided for this answer.
A commodity can be sold for two or more different prices if it is
Produced or sold by oligopoly
Sold in perfect market
Produced or sold by monopsony
Produced or sold by monopoly
Produced or sold by perfect competition
Correct answer is D
No explanation has been provided for this answer.