Which of the following is not an argument for locating industries in rural areas?
Rural areas supply agricultural raw materials
The pace of development of rural areas will be quicken
Employment will be for rural inhabitants
Capital is easily available in rural areas
Rural-urban migration will decrease
Correct answer is D
No explanation has been provided for this answer.
Palm oil industry in located is Bendel State because the state
Imports raw materials for the industry
Has a poor soil which is unsuitable for other crops
Is a palm-tree growing area
Government does not engage in the growing of other crops
Has the highest demands for apl oil in Nigeria
Correct answer is C
No explanation has been provided for this answer.
Which of the following statements is not true in an inflationary period?
The purchasing power diminishes
Wages rise simultaneously with prices
More money runs after a limited quantity of goods
Fixed income earners lose
Aggregate real demand exceeds aggregate real supply
Correct answer is B
No explanation has been provided for this answer.
In a sole proprietorship decisions are made by the
Government
Owner
Shareholder's conference
Management
Board of directors
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a public corporation?
Roads (Nigeria) Plc
National Oil and Chemical Marketing Co. Plc
Union Bank of Nigeria Plc
Volkswagen of Nigeria Plc
National Electric Power authority
Correct answer is E
No explanation has been provided for this answer.