(a) Distinguish between labour and labour force.
(b) State four reasons for the differences in earnings among workers.

Explain each of the following: (a) Nationalization, (b) Commercialization, (c) Privatization and (d) Joint ventures.

(a) Outline any three disadvantages of monopoly
(b) In what two ways can monopoly be controlled? 

Explain:
(a) (i) supply of money (ii) Value of money  
(b) highlight the three motives for holding money. 

(a) What is economic integration? 
(b) Highlight any three problems of economic integration in west Africa.