If total income is N15m and total consumption is N3m, then the average propensity to consume is
0.2
0.6
0.7
5
10
Correct answer is A
No explanation has been provided for this answer.
A change in National Income brought about by a given change in investment is
APC
APS
MPC
MPS
The multiplier
Correct answer is E
No explanation has been provided for this answer.
Which of these is NOT a bottle neck In the distribution of goods In Nigeria?
Adequate transportation network
Inadequate credit facilities
Inadequate storage facilities
Poor processing and packaging
Unnecessary hoarding
Correct answer is A
No explanation has been provided for this answer.
Agricultural production in Nigeria could be improved through
Control of plant diseases
Land Fragmentation
Payment of excise duty
The introduction of low yielding crops
The use of traditional implements
Correct answer is A
No explanation has been provided for this answer.
The difference between bar charts and histograms is that the former
Are difference between bars adjoined to each other while the latter are separate bars divided Into sections
Are line graphs while the latter are rectangular bars
Are separate bars divided Into sections while the latter are line graphs
Has bars adjoined to each other while the latter has separate bars
Has bars separate from each other while the latter has bars adjoined to each other
Correct answer is E
No explanation has been provided for this answer.