Economics Past QuestionsQuestion 191:The modal value of 3, 8, 4, 6, 3, 5, 2, 7, 3 and 5 is A. 6 B. 3 C. 4 D. 5 Question 192:One of the major causes of farmers' unstable income in Nigeria is _________ A. The effect of diseases and pests B. Industrial pollution C. Mining and extraction activities D. Population growth Question 193:Which of the following source of income is spectacular only to Government ? A. Payment from business transfer B. Bonuses C. Tax D. Wages Question 194:When the government fix the price of essential commodities, this is referred to as: A. Price equilibrium B. Price control C. Demanded price D. Asking price Question 195:One of the functions of the price system is that it A. Encourages high volume of production B. Dictates what the citizens will consume C. Discourages the consumption of harmful goods D. Regulates production and consumption |
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