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Economics Past Questions


Question 346:


If the national income is 60m, the contribution of the manufacturing sector is

A. 18m
B. 17m
C. 12m
D. 9m


Question 347:


A combination of factors responsible for a shift from DoDo to D1D1 are

A. Consumers income and change in technology
B. Price of the commodity and weather conditions
C. Consumers income and population size
D. Consumers taste and change in price


Question 348:


An accurate census figure is an important tool for planners in

A. Providing employment
B. Siting industries
C. Providing social amenities
D. Allocating resources


Question 349:


An accurate population census is important in other to

A. Produce more food for the growing population
B. Provide employment opportunities for the people
C. Estimate a country's per capita income
D. Fast track industrial development


Question 350:


A major determinant of floating exchange rate is

A. The highest denomination of the currency
B. An Act of the parliament
C. The system of government
D. The forest of demand and supply






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