Economics Past Questions and Answers

Use the table below to answer the question below;<br/>The international production set for Nigeria and Austria is;<br/><table class='tbn'><tbody><tr><td> <b>Products</b> </td><td> <b>Nigeria</b> </td><td> <b>Austria</b> </td></tr><tr><td> Cocoa </td><td> 20 tonnes </td><td> 12 tonnes </td></tr><tr><td> Lace </td><td> 1o metres </td><td> 8 metres </td></tr></tbody></table><br/><br/><br/> <br/>From the table, it can be deduced that ____________

The PAYE ( Pay As You Earn) in Nigeria is an example of ____________

A good measure of the standard of living usually used for international comparison is ____________

What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?

The Power Holding Company of Nigeria (PHCN) is a ____________