Post Utme Economics Past Questions and Answers

Question 66:

The major objective of economic growth is to ____________

A. Redistribute income and other benefit of growth
B. Equalize opportunity for education and employment
C. Increase aggregate expenditure on goods and services
D. Increase the real per capita income
E. Increase access to education

Question 67:

The most common index used for measuring development is ____________

A. The level of literacy
B. B Per capita income
C. Nutritional levels
D. Population growth rate
E. International development index

Question 68:

Which is NOT a direct effort to increase agricultural production in Nigeria?

A. Operation Feed the Nation
B. Nigerian Youth Service Corps
C. Increased loans to farmers and cooperatives
D. Research in Agriculture and extension services
E. Mechanization of agriculture

Question 69:

Which of the following sectors of the economy is estimated to be the largest employer of labour in the country?

A. Construction
B. Agriculture
C. Distribution
D. Mining and petroleum
E. Transport and communications

Question 70:

Industries contribute to national economic development because they ____________

A. Utilize local raw material
B. Employ an increasing number of labour
C. Provide recreational facilities
D. Use modern machines which replace human labour
E. All of the above