We can classify the people of Nigeria into three broad age group :Group one, 0-15years ; Group Two,16-64years; Group Three, 65years and above. Group Two is the most important economically because
A.
it is the dependent population of Nigeria, economically
B.
all student in Nigeria are in this group
C.
more than 50% of all Nigerians are in this group
In the study of Economics, land, labour, capital and entrepreneur are referred to as factors of production. These factors produce commodities only if they are?
The control price for a carton of beer in Nigeria is N7.20. But a carton of beer is sold in parts of the country for as much N15.00 The cause of this exorbitant price is that?
A.
there is a Government ban on the importation of beer
