of the following practices may be MOST appropriate in solving the unemployment problem in developing countries where the labour force is large? greater production through increased labour increased mechanisation increase in vocational training programmes increase in salaries i only i and iii only ii and iii only ii and iv only Which of the following describes capital intensive industry? amounts of capital and very little labour amounts of labour and very little capital all capital and no labour capital and labour in the same proportion? Which of the following BEST describes productivity? what is produced against the cost of labour G.N.P of one year against G.N.P of another year profit against costs of sales What is produced against the factors of production of the following are characteristics of a market” “perfect there are many buyers and sellers the buyers are aware of the price of the goods the of the goods must be fixed by supply or demand must be several types of the commodity on sale i and iv only ii and iv only i, ii and iii only ii, iii and iv only
of the following practices may be MOST appropriate in solving the unemployment problem in developing countries where the labour force is large? greater production through increased labour increased mechanisation increase in vocational training programmes increase in salaries i only i and iii only ii and iii only ii and iv only Which of the following describes capital intensive industry? amounts of capital and very little labour amounts of labour and very little capital all capital and no labour capital and labour in the same proportion? Which of the following BEST describes productivity? what is produced against the cost of labour G.N.P of one year against G.N.P of another year profit against costs of sales What is produced against the factors of production of the following are characteristics of a “perfect market” there are many buyers and sellers the buyers are aware of the price of the goods the of the goods must be fixed by supply or demand must be several types of the commodity on sale i and iv only ii and iv only i, ii and iii only ii, iii and iv only
past_paper_book_2012_final.docx