Economics Past Questions and Answers

When an increase in the price of a commodity lead to a fall In the demand for aNOTher, the demand for the two commodities are said to be ____________

Production is said to be complete when goods and services gets to the ____________

An industry engaged in the extraction of raw materials and its conversion into semi-finished goods is called industry.

If two bags of rice were sold for N1,250 a mouth ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money is ____________

The following are the objectives of agricultural policies in Nigeria EXCEPT