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

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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

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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

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

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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

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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

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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

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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

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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

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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

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Correct option: C

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