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Economics Past Questions and Answers

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Economics Questions

Question 346:

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

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

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Question 347:

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

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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

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Question 348:

An accurate census figure is an important tool for planners in

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

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Question 349:

An accurate population census is important in other to

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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

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Question 350:

A major determinant of floating exchange rate is

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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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