by Sunday | Mar 31 | Economics JAMB
A. Rations the consumers B. Rewards the producers C. Regulates supply and demand D. Allocates scarce resources. Correct Answer: Option C = Regulates supply and demand
by Sunday | Mar 31 | Economics JAMB
A. Shareholders B. A local government C. The president of a country D. Foreigners and citizens of the country. Correct Answer: Option A = Shareholders
by Sunday | Mar 31 | Economics JAMB
A. Deficit budget B. Paying higher wages C. Increased aggregate demand D. Reducing aggregate demand Correct Answer: Option D – Reducing aggregate demand
by Sunday | Mar 31 | Economics JAMB
A. Improved hygiene B. Reduction in death rate C. Family planning unit of Nigeria D. Increased birth rate Correct Answer: Option C = Family planning unit of Nigeria
by Sunday | Mar 31 | Economics JAMB
A. Sellers are few B. Scarcity and choices are involved C. Buyers are many D. Money is in short supply Correct Answer: Option B = Buyers are many
by Sunday | Mar 31 | Economics JAMB
A. Scarce B. Normal C. Superior. D. Inferior Correct Answer: Option D = Inferior
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