EDA832
======
1. The plan to invest in education by many governments is to develop these skills Except one
human capital
knowledge
expertise
society
2. Which of these is one of the scopes of economics of education?
The school leavers and labour market
Productivity in education
Cost-qualify relations
All of the above
3. The demand for education is a function of these economic factors, Except
family disposable income
expected benefits from education
unavailability of education
unemployment rate
4. The total output of goods and services in education system is refered to as
trading
investment
education
production
5. Which of the following is Not one of the policy options necessary to redress the education supply gap in Nigeria?
The open door policy
Private-public partnership policy
Selective democratic strategy
Demoting strategy
6. Recurrent costs incorporate expenses on such non-durable items as folows, Except
consumables
allowances
Infrastructures
salaries
7. The types of education which do not contribute to either better employment or higher financial remuneration is described as
investment
consumption
savings
production
8. The inefficient use of educational resources that includes drop-outs, non-employment of school leavers and brain drain is referred to as educational
economy
inflation
recession
wastage
9. Social cost is often regarded as the _______ cost of education to the entire society
total
private
public
financial
10. The act of putting money into a business with the aim of making profits is referred to as
savings
investment
trading
production
JOIN OUR NOUN TELEGRAM GROUP HERE FOR MORE – ONLINE MTH TUTORIAL ALSO AVAILABLE
