by Sunday | Oct 29 | Economics JAMB
A. half the slope of the budget constraint line B. equal to the slope of the budget constraint line C. greater than the slope of the budget constraint line D. less than the slope of the budget constraint line Correct Answer: Option B – equal to the slope of the...
by Sunday | Oct 29 | Economics JAMB
A. under government’s directives B. to ensure general welfare C. to their best alternatives D. to reduce poverty Correct Answer: Option C – to their best alternatives
by Sunday | Oct 29 | Economics JAMB
A. an increase in profit by 43% B. a net gain C. a decrease in profit 43% D. a net loss Correct Answer: Option B – an increase in profit by 43%
by Sunday | Oct 29 | Economics JAMB
A. remain constant B. decrease steadily C. switch over to trading D. increase steadily Correct Answer: Option B – decrease steadily
by Sunday | Oct 29 | Economics JAMB
A. provide loans for trade development B. provide loans for infrastructural development C. provide loans for development banks in distress D. educate peasant farmers in new techniques Correct Answer: Option B – provide loans for infrastructural...
by Sunday | Oct 29 | Economics JAMB
A. high prices of output B. the exportation of output C. the scarcity of foreign exchange D. structural unemployment Correct Answer: Option D – structural unemployment