Economics Past Questions and Answers

The age distribution of a country's population is shown below. Use the information is answer the question below.<br/><table class='tbn'><tbody><tr><td> Age group (YEARS) </td><td> Population </td></tr><tr><td> 0 - 1516 - 4041 - 60Over 60 </td><td> 30%45%15%10% </td></tr></tbody></table><br/><br/><br/>What is the percentage of the working population?

A 75%
B 60%
C 45%
D 15%

Question 4107:

The age distribution of a country's population is shown below. Use the information is answer the question below.<br/><table class='tbn'><tbody><tr><td> Age group (YEARS) </td><td> Population </td></tr><tr><td> 0 - 1516 - 4041 - 60Over 60 </td><td> 30%45%15%10% </td></tr></tbody></table><br/><br/><br/>What is the dependency ratio?

A 2:3
B 3:2
C 1:2
D 6:1

Question 4108:

The supply of land for agricultural purpose can be increased through ____________

A The introduction of mechanized farming
B Reclamation and irrigation
C Increase in prices of land
D Conversion of building sites to farmlands

Question 4109:

Non-economic factors that influence the location of firms include ____________

A The existence of required materials for production
B Availability of population of buyers
C Adequate supply of power, good road and rail network
D The activities of politicians in deciding location of firms

Question 4110:

Which of the following is not an argument for the policy of privatization in West Africa?

A To make businesses more profitable
B Government is able to participate and control the operation of the privatized businesses
C Members of the public are able to acquire shares
D It encourages the inflow of capital and expertise from local and foreign sources