Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Saturday, 23 November 2024

RegisterLogin

Economics Past Questions


Question 41:


The basic principle underlying location of industry is the tendency for production of a commodity to be located on the basis of______

A. Division of labour
B. Employment trends
C. Relative costs and benefits
D. Immobility of skilled labour


Question 42:


The birth rate in 1976 for a certain country with a population of 10m was 8.0. This means that in 1976,___________

A. There were 80,000 live births in the country
B. There were 6,400 live births in the country
C. There were 8 live births to every 100 women in working-class families
D. 8 in every 1000 women of 21 - 45 gave birth to a live child


Question 43:


External economies arises essentially from__________

A. A firm's individual policies
B. Localisation of industry
C. Government economic policy
D. Free transferability of shares


Question 44:


Assume that, for a certain country in a given year, the index of import prices stands at 102, the index of export prices stands at 106. The terms of trade are (to the nearest whole number)

A. 208
B. 104
C. 54
D. 4


Question 45:


Which of the following persons is engaged in "Secondary Production"?
I - a bricklayer
II - an automobile assembly-line worker
III - an accountant
IV - a cinema projectionist

A. I only
B. I, II
C. II, III
D. I, II, III, IV






AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy