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One benefit a country can derive from the extraction of crude oil is increase in

Economics
JAMB 2022

One benefit a country can derive from the extraction of crude oil is increase in

  • A. population
  • B. employment
  • C. money supply
  • D. demand for imports
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Correct Answer: Option B
Explanation

Extraction of crude oil increase employment or create employment.

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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts