economics

The labour force of a country can be determined by examining the?

A. age structure of the population B. sex distribution of the population C. geographical distribution of the population D. occupational…

4 years ago

Fixing the prices of agricultural products can be a problem because of the?

A. activities of marketing boards B. size of agricultural exports C. instability of government policies D. unpredictable output of farmers…

4 years ago

An important factor hindering the rapid development of the industrial sector in Nigeria is?

A. rural-urban migration B. excessive demand for finished products C. inadequate infrastructural facilities D. the dominance of the oil sector…

4 years ago

Country is said to be overpopulated when?

A. the resource are more than enough to cater for the population B. the size of the population is greater…

4 years ago

An adverse environmental impact of the petroleum industry on the economy is?

A. communal riots B. the vandalization of oil equipment C. oil spillage D. community development Correct Answer: Option C -…

4 years ago

Occupational mobility as applied to factors of production means the ease by which?

A. factors can be transferred from one form of use to another B. resources can be transferred from one place…

4 years ago

The demand for labour is an example of?

A. composite demand B. joint demand C. derived demand D. competitive demand Correct Answer: Option C - derived demand

4 years ago

When a union is composed of workers with the same skill; it is termed?

A. a technical union B. a craft union C. an industrial union D. a workers' union Correct Answer: Option B…

4 years ago

Two basic features common to an industry are?

A. production processes and source of capital B. source of capital and labour supply C. similarity of products and source…

4 years ago