Post Utme Economics Questions
Question 161:
During the consolidation exercise most banks in Nigeria got the required capital through ____________
- A Mergers only
- B Mergers and acquisition
- C Acquisition only.
- D Getting money from people
Question 162:
Economics can best be defined as the study of ____________
- A How to spend the family income efficiently
- B How to find minimum cost of production
- C The interpretation of scarce resources and date
- D How scarce resources can be used efficiently
Question 163:
Which of the following is specialized in lending money for the purpose of developing real estate?
- A Commercial banks
- B Central bank
- C Mortgage banks
- D Merchant banks.
Question 164:
Factors of production can be described as the ____________
- A Resources required for the provision of goods and services
- B Skills involved in deciding and directing the flow of goods
- C Monetary tools employed by government to ensure stable production
- D Elements involved in the process of formulating polices on production
Question 165:
The systemic record of the various levels and types of economic activities is Called ____________
- A Gross national product
- B National income accounting
- C The budget
- D Census.