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Economics Past Questions and Answers

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Economics Questions

Question 3521:

one reason for low agrictural productivity in most west African countries is that?

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A Farmers are not capable of producing cash crops
B It does not provide income to farmers with large families
C Farmers find it difficult getting help from financial institutions
D It is not the only source of raw materials for agro-based industries

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Question 3522:

The movement of labour from one grade to an entirely different grade is an example of?

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A Industrial labour mobility
B Horizontal occupational mobility
C Vertical occupational mobility
D Geographical mobility

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Question 3523:

which of the following is not a strong basis for trade unions demand for higher wages

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A Company is making higher profit
B Productivity of workers has increased
C Members of the union have high qualifications
D Commodity produced by the workers is very essential

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Question 3524:

The difference between the gross domestic product (GDP) and gross national product (GNP) IS?

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A Depreciation
B Transfer payment
C Net income from abroad
D Direct taxes

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Question 3525:

location of firms of an industry is not influenced by?

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A Availability of raw material
B Existence of other firms
C Nearness to the source of money supply
D Government policy

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