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Local firms can help in reducing unemployment in a country when

Economics
JAMB 2022

Local firms can help in reducing unemployment in a country when

  • A. land acquisition becomes centralized
  • B. imports of substitutes are reduced
  • C. waste in the firm is eliminated
  • D. subsidies to firms are decreased
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Correct Answer: Option B
Explanation

When imports of substitute are reduced it will encourage the employment of labour to produce more commodities.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
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