Economics problems arise because a country's resources are limited in relation to her unlimited wants. Identify and explain these economic problems.
See more
1989
The table below shows the age distribution of hypothetical population.AgeNo. of people (million)Under 2020.9020 - 2913.7530 - 5912.1060 and above8/25Total55.00Present this information in the form of a pie chart. Show you…
See more
1989
Given that quantity demanded per period of time is a function of price and that the relation is expressed as: Q = 60 - 1/3 P, where Q is quantity demanded and P is the price,
(a) Find the quantity demanded when price is…
See more
1989
What is the mode and when is it a suitable average to use? State its disadvantages.
See more
1989
Briefly outline the principles of taxation and give reasons why Nigerians are taxed.
See more
1989
Why do countries impose restrictions on international trade?
See more
1989
(a) What is a development plan ?
(b) Discuss the various ways of financing economic development in Nigeria.
See more
1989
Briefly outline the measures which Nigeria has taken to improve the marketing of her agricultural produce.
See more
1989
The wholesaler performs useful economic functions. Discuss.
See more
1989
What is devaluation? Under what conditions will devaluation improve a country's balance of payment position ?
See more
1989
A table which shows the price of a commodity and the quantity of it that is demanded per unit time is a
See more
1989
Scarcity in Economics means that resources
See more
1989
all the following are source of finance to a Joint Stock Company except
See more
1989
money supply at any given point in time refers to as
See more
1989
In Economics market is define as
See more
1989
An inflation in which the price rises steadily at an average rate of about 2% per annum is best described ad
See more
1989
The greatest disadvantages f barter system is the need for
See more
1989
the indicator of the value of money in the market is the
See more
1989
What is the correct term for this group of exports : tractor, televisions, components, drugs and cars?
See more
1989
Which of the following is not appropriate in calculating national income figures?