Which of the following countries is a major trading partner of Nigeria?
Britain
Canada
Japan
Germany
China
Correct answer is A
No explanation has been provided for this answer.
The stability of Nigerian economy depends mainly on the export price of
Groundnut
Cotton
Cocoa
Mineral oil
Palm kernel
Correct answer is D
No explanation has been provided for this answer.
The level of economic development is low in Nigeria because
Planning has no practical relevance
Of the pattern of the consumer's spending
The country is too large
Of ineffective plan implementation
There is no unique planning model
Correct answer is D
No explanation has been provided for this answer.
Development plans in Nigeria have deviated from their targets due to
Lack of manpower
Political instability
High population growth rate
Brain drain in the country
Inadequate land
Correct answer is B
No explanation has been provided for this answer.
Progressive system of taxation implies that the
Poor pay relatively more
Tax rate falls as the tax base increases
Tax rate increases as the tax base increases
Average and marginal rate of tax will be the same
Rich and the poor pay the same amount as tax
Correct answer is C
No explanation has been provided for this answer.