(a)[2]
Compare Nigeria's government budget balance in 2016 with that in 2020.
(b)[2]
Using a production possibility curve (PPC) diagram, illustrate the effect of the rising level of unemployment on the Nigerian economy.
(c)[4]
Consider the extent to which removing fuel subsidies in Nigeria would cause inflation to rise.
(d)[6]
Assess whether using supply-side policy is the best way to diversify the Nigerian economy away from its dependence on oil and natural gas exports.
(e)[6]
Assess whether adjusting the collection of direct tax or indirect tax is likely to be more effective in raising the tax revenue collected by the Nigerian government.