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The OPEC marketing policy of fixing minimum price allows members to
The population of a country will decrease if
The active population of a country determines the size of its
Joint-stock companies can raise funds from
The economic policy of privatization came up as a result of the poor performance of
The activities in the oil and gas industry are classified into
The exports-promotion strategy is aimed at producing
A major consideration in locating a cement factory is the availability of
A major impediment to the development of agriculture in Nigeria is
One of the effects of instability in farmer's income in Nigeria is
Economic growth takes place when there is an increase in
A good indicator of economic development is an increase in
An example of an indirect tax is
The use of government revenue and expenditure to achieve set objectives is known as
Contractionary monetary policy is used to
If the required reserves of a bank is 20% and N10 000 is paid into its demand deposit account, what is the excess reserves?
The high rate of inflation in Nigeria can be attributed to
An example of injection into the circular flow of income is
The output approach to measuring national income is based on the computation of