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1021
which of the following is not a consequence of increased unemployment?
  • A. a fall in tax revenue for the government
  • B. a reduction in trade union's influence
  • C. a fall in death rate
  • D. an increase in the labour force
View Answer & Discuss WAEC 2011
1022

The following are features of subsistence agriculture except

  • A. little capital
  • B. processing of raw materials
  • C. small allotments of land
  • D. use of crude oil
View Answer & Discuss (7) WAEC 2011
1023

Which of the following is not true of small companies ? they

  • A. Cannot benefit from economies of scale
  • B. Are a good source of new jobs
  • C. Can satisfy demand in specialist markets
  • D. Have a good record of technical innovation
View Answer & Discuss WAEC 2011
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1024

The effect of privatization on the industrial sector of a country is that it

  • A. ensures efficiency
  • B. discourages efficiency
  • C. leads to decrease in output
  • D. leads to liquidation
View Answer & Discuss (2) WAEC 2011
1025

The production strategy used in an over-populated country is

  • A. import substitution
  • B. capital intensive
  • C. labour intensive
  • D. first come first employed
View Answer & Discuss WAEC 2011
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