by Sunday | Oct 23 | Economics JAMB
A. no indication of technological development B. no recognition of preferred goods for countries C. technical inefficiency D. abundant resources Correct Answer: Option B – no recognition of preferred goods for countries
by Sunday | Oct 23 | Economics JAMB
A. increase productivity B. reduce income tax C. ration available output D. increase imports Correct Answer: Option A – increase productivity
by Sunday | Oct 23 | Economics JAMB
A. N11.7 billion B. N13.3 billion C. N21.7 billion D. N26.6 billion Correct Answer: Option B – N13.3 billion Explanation The summation of a piechart is 360°. To get the figure for manufacturing sector we simply add the figures for oil, agriculture and mining...
by Sunday | Oct 23 | Economics JAMB
A. 67.5 B. 40.0 C. 32.4 D. 25.0 Correct Answer: Option D – 25.0 Explanation 90/360 x 100 = 25%
by Sunday | Oct 23 | Economics JAMB
A. profit B. interest C. rent D. wages Correct Answer: Option B – interest Explanation Capital’ – investment in man-made aids to production including buildings, factories, computers. The reward for capital is...
by Sunday | Oct 23 | Economics JAMB
A. provide funds for infrastructural development B. determine prices of exports C. redistribute income among citizens D. provide employment for citizens of member nations Correct Answer: Option A – provide funds for infrastructural development Explanation Some...