by Sunday | Oct 19 | Economics JAMB
A. Treasury bill B. Bill of exchange C. Stocks and shares D. Call money fund Correct Answer: Option C – Stocks and shares Explanation Stocks and shares are securities purchase by individuals, which is evidence of contributing part of the total capital used in...
by Sunday | Oct 19 | Economics JAMB
A. huge volume of petroleum activities in the country B. diversification system of economic activities C. high demand for foreign commodities D. high rate of unemployment Correct Answer: Option A – huge volume of petroleum activities in the country Explanation A...
by Sunday | Oct 19 | Economics JAMB
A. government B. foreign investors C. suppliers D. consumers Correct Answer: Option D – consumers Explanation This is because, according to the concept of equilibrium, if supply increases while demand remains constant, there will be an excess of supply over...
by Sunday | Oct 19 | Economics JAMB
A. net national product B. gross domestic product C. net income D. disposable income Correct Answer: Option B – gross domestic product Explanation Gross domestic product (GDP) refers to the total money value of all the goods and services produced in a country...
by Sunday | Oct 19 | Economics JAMB
A. discouragement of trade among member states B. encouragement of revolts against former colonial masters C. establishment of its headquarters in each members state D. liberalization of trade among member states Correct Answer: Option D – liberalization of...
by Sunday | Oct 19 | Economics JAMB
A. population density B. Malthusian population theory C. national population theory D. demographical transition theory Correct Answer: Option B – Malthusian population theory Explanation The Malthusian population theory highlights the relationship between...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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