Correct Answer: A. 100°C

Correct Answer: D. occupational distribution

Explanation

Occupational distribution of labour refers to the aggregate distribution of occupations in society, classified according to skill level, economic function, or social status. It is simply grouping of individuals based on the economic activities they are involved in.

Explanation

(a) Inflation is defined as period of persistence increase in the general price level of goods and services in an economy over a period of time.

A. Demand pull-inflation:

i. Increase in bank lending on activities which do not contribute to increase in output of goods.

ii. Government adopts a deficit financing or budget to provide social infrastructure.

iii. War time expenditure which may increase purchasing power in a situation of limited supply of goods.

iv. Increase in wages and salaries of workers not accompanied by increase in output

v. Expectation of a future rise in prices

vi. Misallocation or misappropriation of funds

vii. Democratisation process which increases government expenditure

viii. Increase in population not accompanied by increase in productivity.

B. Cost-push inflation:

i. Increase in cost of production as a result of increase in wages, raw materials, transport etc.

ii. Increase in interest rate on loans will raise cost of production

iii. Increase in the prices of imported inputs

iv. Devaluation or depreciation of a local currency may also increase the costs of inputs

v. Inadequate infrastructure such as electricity, poor transportation and water supply which increase cost of production

vi. Excessive government taxes on inputs.

Correct Answer: A) clear

Explanation

(a) The difference between nationalization and indigenization: Nationalization is a policy aimed at bringing industries or part of it under exclusive ownership of the government. While indigenization is a policy aimed at transferring the ownership and control of business enterprises from foreigners to indigenes.

(b) Reasons why a country would indigenize some industries:

(i) To make for greater participation of the citizens in the economy of their country.

(ii) To protect the national integrity and security of the country.

(iii) To encourage development of local technology.

(iv) To make for greater economic growth and development.

(v) To reduce unemployment level in the country. More employment opportunities.

(vi) To afford the citizens of the country opportunity for self reliance and economic emancipation.

(vii) To prevent capital flight thus reducing the remittance of profit abroad.

(viii) It encourages the training of local manpower citizen.

Correct Answer: D. discuss the nature of man and the value of time

Correct Answer: B. responsible partners will come their way

Explanation

Factors that can affect the size of a country's population are:

(i) Early marriage due to one reason or the other causes rapid population growth.

(ii) Changes in the birth rate may be due to the ability to have children and the desire to have a big family.

(iii) Owing to its respect for human life, Christianity discourages some practices like artificial birth control and abortion while some religious bodies like Islam do not discourage polygamy.

(iv) The use of modern medical facilities and establishment of bodies like the World Health Organisation have cut down the mortality rate.

(v) Immigration is the movement of people into a country. Some people go into a country for one reason or the other, and after staying for years, many nationalize while a good number of them marry and give birth there.

(vi) If death rate decreases, the population will increase.

(vii) If the number of women in a country is more than that of men, it is likely that the population of the country will increase.

(vii) Medical improvement increases the birth rate and decreases the death rate.

Correct Answer: C. remarkable

Explanation

The word insignificant means; unimportant, trifling, or petty.

While

Remarkable means; worthy of notice or attention.

Correct Answer: D. 2