economics

A distinguishing characteristic of consumer co-operative society is that the?

A. the maximum number of shareholders is 20 B. members are the owners C. members are the workers D. the…

4 years ago

The deregulation of the petroleum sector in Nigeria will bring about?

A. efficiency in pricing and distribution of the products B. an end to the importation of fuel C. an end…

4 years ago

Government participation in the oil industry was necessitated by the?

A. annual increase in production B. formation of OPEC C. high demand for crude oil D. huge investment outlay Correct…

4 years ago

In Nigeria; efficiency in public corporations can be achieved through?

A. public offer B. indigenization C. privatization D. nationalization Correct Answer: Option C - privatization Explanation Privatization of public corporations…

4 years ago

The most important determinant for the location of a brick industry is the availability of?

A. market B. power supply C. water D. raw materials Correct Answer: Option A - market Explanation The most important…

4 years ago

The main reason for low agricultural produce in west Africa is need to?

A. the presence of large-scale agro-allied industries B. high dependency ratio C. over dependence on agriculture for subsistence D. the…

4 years ago

In order to add value to Nigeria agricultural produce; there is need to?

A. cultivate high breed crops B. process them into finished goods C. adopt modern storage methods D. advertise them in…

4 years ago

Life insurance companies contribute to economic development by holding a part of their assets in?

A. long-term financial instruments B. money market instruments C. cash and near money D. short-term financial instruments Correct Answer: Option…

4 years ago

One of the goals of development plans in Nigeria is to?

A. increase the profitability of multinational businesses B. improve the country's GDP C. achieve higher standard of living for the…

4 years ago

An example of an expansionary fiscal policy action is?

A. decrease in the corporate profit tax rates B. decrease in welfare payments C. purchase of government securities D. decrease…

4 years ago