Answer:
B) The GDP will increase because Nigeria will be able to produce more oil
Explanation:
The introduction of a new technology would result in an increase in the volume of crude oil being produced by the nation. This in turn will improve the net exports of the government which would increase the gross domestic product of the country.
Gross domestic product is the total market value of the goods and services produced by a country within a specified period. It is calculated by summing up consumption, investment, government spending, and net exports.
Answer:
Answer is d. secondary analysis
Explanation:
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Answer:
The Richards Constitution of 1946 replaced the defective Clifford Constitution of 1922. It was as a result of the weakness of the Clifford Constitution that the Nigerian nationalists began to pressurise Sir Bernard Bourdillon, the Governor of Nigeria from 1935 to 1943, to give them a new befitting constitution. It was Sir Bernard Bourdillon who split Nigeria into three (3) regions: North, East, and West in 1939.
In economics, inflation<span> is a sustained </span>increase in<span> the general price level of goods and services in an economy over a period of time resulting in a loss of value of currency. When the price level rises, each unit of currency buys fewer goods and services.</span>
