by Sunday | Mar 31 | Economics JAMB
A. The net foreign trade is zero B. A favourable balance of trade exists C. A favourable balance of payment exists D. An unfavourable balance of trade exists Correct Answer: Option B = A favourable balance of trade exists
by Sunday | Mar 31 | Economics JAMB
A. Debtors B. Persons with back savings C. Creditors D. Persons who lived on fixed pension funds Correct Answer: Option A – Debtors
by Sunday | Mar 31 | Economics JAMB
A. Supply and demand are equal B. Products are identical C. There is perfect knowledge D. There is no advertising Correct Answer: Option A = Supply and demand are equal
by Sunday | Mar 31 | Economics JAMB
A. Public limited company B. Private authority C. Public Corporation D. Public Liability company Correct Answer: Option C – Public Corporation
by Sunday | Mar 31 | Economics JAMB
A. Availability of labour in the area B. Availability of power C. Nearness of raw material D. Access to transport facilities Correct Answer: Option C = Nearness of raw material
by Sunday | Mar 31 | Economics JAMB
A. Per capita income (PCI) B. Gross national product (GND) C. Net national income (NNI) D. Gross domestic product (GDP) Correct Answer: Option A = Per capita income (PCI)
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