The suggestion that peasants in Africa have backward-bending supply curves of output implies that their response to an increase in the price of their crops will be to?
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1997
The shares that must be redeemed first at liquidation of a company are?
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1997
The most important attribute of money is?
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1997
The main problem of the Organization of Petroleum Exporting Countries is how to?
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1997
A glut in the world market for crude oil means?
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1997
One of the dangers of the localization of industries is?
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1997
A firm is said to have benefited from external economies in production if it has realized?
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1997
The use of legally permissible means to reduce tax liabilities is known as tax?
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1997
Stock and shares as well as bonds are examples of instruments used in the?
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1997
Banks can create more money by?
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1997
In commercial banking, an account from which the customer cannot withdraw money instantly is a?
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1997
Which of the following is inflationary?
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1997
The total money values of all goods and services produced in a country during a certain period is measured by using the?
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1997
Given: Investment = N100 million Consumption = N200 m + 0.75Y Y = C + IWhere, Y =Income, C = Consumption and whereI = InvestmentWhat is the income level to the nearest million?
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1997
If the marginal propensity to consume is 0.75 and private investment increases by N10 billion while government expenditure decreases by N15 billion, GDP will decrease by?
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1997
One of the factors which is likely to check the growth of public debts is?
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1997
The greatest proportion of government revenue in Nigeria comes from?
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1997
Counter trading is an international arrangement whereby?
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1997
Which of the following classes of goods accounts for largest proportion of Nigeria's imports?
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1997
The most important factor ensuring economic development is the?