WAEC Economics 1988 Question 38

Question 38

Public Finance

Which of these factors does not affect revenue allocation in Nigeria?

  1. A.Needs of an area
  2. B.Size of the population of an area
  3. C.Number of industries and land area
  4. D.Revenue derivable from an area
  5. E.Development needs of the country.
Show the answer and explanation

Answer: C (Number of industries and land area)

Explanation

Revenue allocation principles include need, population, derivation and national development, but not the number of industries.