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Economics Past Questions and Answers

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Economics Questions

Question 3896:

The problem of conducting census include

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A High rate of rural-urban migration
B Poor geographical distribution of population
C High birth rate in the country
D Poor town planning in urban areas

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Question 3897:

The factor of production that has the highest degree of mobility is?

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A Land
B Labour
C Capital
D Entrepreneur

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Question 3898:

In recent times, agriculture in Nigeria tends to lose its vital labour force as a result of?

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A Lack of an effective agricultural policy
B Employment opportunities in the agricultural sector
C Rural-urban drift
D Low prices of agricultural products

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Question 3899:

The most important goal of OPEC is to?

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A Present a united front for the purpose of raise prices of crude oil
B Bring unity among the petroleum exporting countries
C Ensure political stability among member states
D Ensure that rules on quota production are strictly followed

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Question 3900:

Plywood industries are often located near the source of?

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A Finance
B Labour
C Power supply
D Raw materials

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