The 1962-1968 development plan in nigerian failed because of
Absence of indigenous bank
Higher exchange rate
Non availability of finance house
Movement of colonial masters
Over dependency on foreign capital
Correct answer is E
No explanation has been provided for this answer.
Marginal cost
Average cost
Total cost
Equilibrium level
Correct answer is B
No explanation has been provided for this answer.
In production, total cost comprises of
Averages cost and marginal cost
Variable cost and averages cost
Variable cost and fixed cost
Marginal cost and variable cost
Fixed cost and averages cost
Correct answer is C
No explanation has been provided for this answer.
Which of the following measure will NOT serves as a control during inflation period?
Increase in personal income tax
Increase in bank rate and interest
Increase in government capital expenditure
Reduction in money supply
Reduction in government recurrent expenditure
Correct answer is C
No explanation has been provided for this answer.
The demand for labour in an economy is a depiction of
Competitive demand
Composite demand
Complementary demand
Deductive demand
Derived demand
Correct answer is E
No explanation has been provided for this answer.