Post Utme Economics Questions
Question 46:
A major trading problems facing
ECOWAS is ____
- A The absence of common currency
- B Political instability
- C High poverty level
- D Non-implementation of decisions
- E Trade-related political crisis in Ivory coast
Question 47:
The biggest source of government
revenue in Nigeria is ___
- A Mining rents and royalties
- B Company income tax
- C Import duties
- D Export duties
- E Petroleum profits tax
Question 48:
A major obstacle to economic
development is ___
- A A rise in industrial output
- B Low farm productivity
- C Free trade
- D Ineffective trade unions
- E Corruption
Question 49:
A sustained increase in the per capita income of a country over a period of time is called ____
- A Economic growth
- B Economic development
- C Structural change
- D Stagflation
- E Sustainable income growth
Question 50:
In recent years, Nigerian economy has been registering a spectacular growth in____ sector in the last ten years.
- A Agriculture
- B Education
- C Telecommunication
- D Transport
- E Distribution