An agricultural production process which uses more machinery relative to labour is referred to as
Study and practice Economics past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
Create and set up a CBT environment with your preferred subjects.
Practice JAMB CBT with real UTME past questions in CBT format.
CB-WASSCE styled past question practice.
SSCE & GCE styled past question practice.
An agricultural production process which uses more machinery relative to labour is referred to as
Development plans in West Africa tend to deviate from their targets mainly due to
In the event of bankruptcy, owners of joint-stock companies lose
Population growth rate can be calculated as
A country's balance of payments is in deficit when
Which of the following serves as a banker's bank?
The United Nation Conference on Trade and Development (UNCTAD) is a forum designed specifically for discussing the
One advantage of a sole proprietorship is that
In calculating the Gross National Product (GNP) by the income approach, all the following are included except
Which of the following best describe token money?
If an increase in the price of crude oil led to an increase in the prices of kerosene and grease,then kerosene and grease are in
When the death rate for old people and the infant mortality rate are high, with no migration, there will be in the population a
higher number of
The following are advantages of large scale agriculture except
The function that distinguishes commercial banks from the central bank is that the former
Which of the following is not a feature of economic under development?
Which of the following factors does not encourage the location of industries?
What is the mean wage?
The major achievement of the Economic Community of West African States (ECOWAS) is that it has
If 20% rise in the price of Whisky leads to a 30% increase in quantity demanded of Schnapps, the cross elasticity of demand is
The exploitation of mineral resources constitutes which form of production?