Economics (UI) | Study Mode

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Question 71
A
Redistribute income and other benefit of growth 
B
Equalize opportunity for education and employment 
C
Increase aggregate expenditure on goods and services 
D
Increase the real per capita income 
E
Increase access to education 
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 72
A
The level of literacy 
B
Per capita income 
C
Nutritional levels 
D
Population growth rate 
E
International development index 
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 73
A
Operation Feed the Nation 
B
Nigerian Youth Service Corps 
C
Increased loans to farmers and cooperatives 
D
Research in Agriculture and extension services 
E
Mechanization of agriculture 
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 74
A
Construction 
B
Agriculture 
C
Distribution 
D
Mining and petroleum 
E
Transport and communications 
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 75
A
Utilize local raw material 
B
Employ an increasing number of labour 
C
Provide recreational facilities 
D
Use modern machines which replace human labour 
E
All of the above 
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 76
A
Baby food and baby clothing factories 
B
Those which are introducing new products 
C
Cases of arrested development 
D
Industries temporarily protected by tariffs barriers until mature enough to compete on world markets 
E
Industries that are allowed to remain permanent cases of adolescence 
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 77
A
Consumer goods originally imported 
B
Machinery for industries 
C
More goods for exports 
D
More goods for domestic consumption 
E
Increasing export of goods needed in developed countries 
Explanation.

No official Explanation yet!


Correct Option:
C
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Question 78
A
Reaping of external economies 
B
Development of a pool of skilled labour for the industry 
C
Development of subsidiary industries 
D
Development of organized markets 
E
Growth of conurbations 
Explanation.

No official Explanation yet!


Correct Option:
E
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Question 79
A
Capital 
B
Political consideration 
C
Nearness to source of power 
D
Labour 
E
Availability of seaports 
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 80
A
The sole source of the nations revenue 
B
The oldest industry in the country 
C
The mainstay of the economy 
D
A factor in the decline in the nations foreign reserves 
E
In the hand of NNPC 
Explanation.

No official Explanation yet!


Correct Option:
C

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