NECO Economics Past Questions & Answers - Page 55

271.

The act of cultivating land and rearing of animal for man’s use is

A.

Agriculture

B.

Mono culture

C.

Forestry

D.

Aqua-science

E.

Horticulture

View answer & explanation

Correct answer is A

No explanation has been provided for this answer.

272.

If government in a fiscal year has its revenue receipts less than the expenditure, such country is having

A.

Balanced budget

B.

Deficit budget

C.

Favorable budget

D.

Surplus budget

E.

Unfavorable budget

View answer & explanation

Correct answer is B

No explanation has been provided for this answer.


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