A declining population is one in which the population is
Experiencing a high rate of emigration
Made up of large number of old people
Not producing enough goods
Not contributing enough to the national income
Correct answer is A
Emigration; is the act of leaving one's own country to settle permanently in another; moving abroad.
A population decline (or depopulation) in humans is a reduction in a human population caused by events such as long-term demographic trends, as in sub-replacement fertility, urban decay, white flight, or rural flight, or due to violence, disease, or other catastrophes.
The components of a three-sector economy are
Banks, schools and hospitals
Workers, producers and marketers
Households, firms and the government
Producers, retailers and wholesalers
Correct answer is C
The three-sector economy involves three sectors namely, households, business, and government. The addition of the government in an economy results in bringing two variables in an economy. These variables are government expenditure (act as injections to income) and taxation (act as leakage or withdrawals from income).
Livestock production in West Africa is hindered mainly by
Inadequate demand
Use of traditional implements
Land tenure system
Pests and diseases
Correct answer is D
Livestock diseases, low productivity, water scarcity and predators are major constraints to livestock farming in west Africa.
Disposable income is the income earned
By the nationals of a country resident within the country
From proactive activities of nationals of a country both at home and abroad
When personal income tax is deducted from personal income
When the gross income of an individual is added to person income tax
Correct answer is C
Disposable income; income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.
To control inflation, the central bank of a country may adopt
An expansionary monetary policy
A restrictive monetary policy
An increased wage policy
A deficit financing policy
Correct answer is B
The purpose of restrictive monetary policy is to ward off inflation. It's called restrictive because the banks restrict liquidity. It reduces the amount of money and credit that banks can lend. It lowers the money supply by making loans, credit cards and mortgages more expensive.