In the pie chart below, the percentage for children is equivalent to

• A. 288^o
• B. 720^o
• C. 90^o
• D. 144^o

The exports-promotion strategy is aimed at producing

• A. consumer goods originally imported
• B. machinery for industries
• C. more goods for exports
• D. more goods domestic consumption

An issue of bank-notes not backed by gold but by government securities is known as?

• A. fiduciary issue
• B. guaranteed money
• C. seignior age
• D. legal tender

The following are economic agents in any economy EXCEPT

• A. Central Bank
• B. House hold
• C. Firm
• D. Government

Gresham's law in Economics shows that?

• A. good drives out bad money
• B. bad money drives out good money
• C. the value of money varies inversely with the price level
• D. gold must be available to maintain the price of paper money

In developing countries, governments influence the location of industries in order to

• A. spread development
• B. redistribute wealth
• C. encourage enterpreneurs
• D. encourage industries to earn high profits

if there is an increase in wages and salaries without corresponding increase in the supply of goods and services, the situation will lead to

• A. a reduction in aggregate demand
• B. inflation
• C. depression
• D. budget surplus

Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level of income?

• A. N380m
• B. N20m
• C. N180m
• D. N200m

Which of the following will shift the demand curve for Bournvita to the right

• A. a rise in price of Bournvita
• B. an increase in income
• C. a tax on cocoa producer
• D. a fall in price of Bournvita

who among the following is the intermediary between the producer and the retailer?

• A. agent
• B. wholesaler
• C. consumer
• D. distributor