$35
$36
$37
$38
Correct answer is B
Mean is gotten as the sum of the terms divided by the number of terms. That is,
sum of the terms
number of terms
The major employer of labour in developing countries is the
Tertiary sector
Secondary sector
Primary sector
Industrial sector
Correct answer is C
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, hunting, fishing, and mining. This sector of the economy has the highest number of human labour in a developing economy, as it doesn't involve skilled labour and acquisition of a former education.
A point X inside the production possibility curve indicates that
Resources are fully utilized
The country is poor
Some resources are idle
Resources are not available
Correct answer is C
Point X in the production possibility curve represents an inefficient use of resources, while points A, B, and C on the PPF curve represent the most efficient use of resources by the economy.
The fundamental economic problem in every society is
The large number of the unemployed
Limited supply of productive resources
Inadequate supply of money
Corruption and mismanagement
Correct answer is A
The fundamental economic problem facing all societies is the problem of scarcity or limited resources to satisfy human wants. As we all know, human wants and unlimited, and the resources meant to satisfy these needs are less than required.
Lome
Lagos
Accra
Dakar
Correct answer is A
EBID has been operating under its current structure since January 2007. The headquarters of the Bank is in Lome, Togolese Republic.
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