In a country with large population of full-time housewives, national income
Will be composed of goods produced by women
Figures will be grossly over-stated
Statistics will be difficult to calculate
Figures will be grossly under-stated
Correct answer is D
National income of a country can be defined as the total market value of all final goods and services produced in the economy in a year.
The income of a housewife is not counted in the National Income or the Gross National Product of the country. This will make the national income under stated
$302.00
$52.00
$18.00
$622.00
Correct answer is C
floor = $250
distribution cost = $52
250 + 52 = 302
selling price $320 - $302 = $18
Evaluate(111two)2 and leave your answer in base 2.
111001two
110001two
101001two
10010two
Correct answer is B
No explanation has been provided for this answer.
In the diagram what is x + y in terms of z?
180o - z
180o + z
z - 180o
z
Correct answer is A
x + y + z = 180(sum of angles in a \(\bigtriangleup\))
x + y = 180 - z
The largest component of national income in developing countries consist of
Profits
Profit and ren
Rent
Wages and salaries
Correct answer is D
The largest component of national income is: compensation of employees. (wages and salaries). National income measures: the market value or cost of the resources used in the production of the national output.
WAEC Subjects
Aptitude Tests