The movement of workers from one geographical area to another is A. efficiency of labour. B. labour force. C. mobility of labour. D. labour market. E. division of labour.

Here are the answers to the questions from the image. 15. The movement of workers from one geographical area to another is ____. The correct option is C. mobility of labour. Mobility of labour refers to the ease with which workers can move between different jobs, occupations, or geographical locations. 16. The definition of Economics as "the practical science of production and distribution of wealth" was given by ____. The correct option is B. Adam Smith. Adam Smith, often considered the father of modern economics, is associated with the definition of economics as the study of wealth, as articulated in his seminal work "The Wealth of Nations." 17. A business organisation that is set-up for mutual benefit of members with similar interest is ____. The correct option is A. co-operative society. A co-operative society is an autonomous association of people united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. 18. The redistribution effect of taxation as a tool for economic stabilisation means ____. The correct option is E. the poor are taxed heavily than the rich. The redistribution effect of taxation refers to how the tax system alters the distribution of income and wealth among different groups in society. While progressive taxation (where the rich pay a higher proportion) is typically used to reduce inequality and promote economic stabilization, a regressive tax system (where the poor are taxed more heavily than the rich) also has a redistribution effect, albeit one that increases inequality. Among the given options, this is the only one that describes a differential tax burden between income groups, which is the essence of a redistribution effect. 19. Fund received from Non-Governmental Organisation (NGOs) for business setup is ____. The correct option is E. donation. Non-Governmental Organizations (NGOs) typically provide funds to individuals or businesses in the form of donations or grants, rather than taxes, subsidies, shares, or savings. 20. Nigerian government can revamp agricultural sector through the following except ____. The correct option is A. encouraging rural-urban drift. Encouraging rural-urban drift means promoting the movement of people from rural areas to cities, which would reduce the agricultural workforce and hinder, rather than revamp, the agricultural sector. The other options (providing infrastructure, establishing rural banks, encouraging cooperative farming, and educating farmers) are all ways to improve the sector. 21. The economic concept that describes limited supply of available resources is ____. The correct option is A. scarcity. Scarcity is the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources. 22. Credit creation through multiple expansions is a function performed by ____. The correct option is C. Commercial Bank. Commercial banks create credit through the process of multiple expansions by lending out a portion of their deposits, which then get redeposited in other banks, leading to further lending. The central bank controls this process but does not perform the multiple expansions itself. Last free one today — make it count tomorrow, or type /upgrade for unlimited.