by Sunday | Oct 26 | Economics JAMB
A. insure bank deposits B. regulate the activities of insurance companies C. ensure adequate capitalization of insurance companies D. accept customers’ deposit Correct Answer: Option A – insure bank deposits
by Sunday | Oct 26 | Economics JAMB
A. they are received only by the poor B. the figures reduce the size of national income C. it is difficult to get the exact figures D. they are not payments for productive activities Correct Answer: Option D – they are not payments for productive...
by Sunday | Oct 26 | Economics JAMB
A. tax rate is raised B. tax system is proportional C. retirement age is reduced D. tax base is contracted Correct Answer: Option A – tax rate is raised
by Sunday | Oct 26 | Economics JAMB
A. N4.0 milion B. N25. 0 milion C. N2.5 milion D. N15.0 milion Correct Answer: Option B – N25. 0 milion
by Sunday | Oct 26 | Economics JAMB
A. Value-added method B. Income method C. Output method D. Expenditure method Correct Answer: Option A – Value-added method Explanation This problem is perfectly solved by value-added method. According to this method, instead of taking value of final products,...
by Sunday | Oct 26 | Economics JAMB
A. Long-term financial instruments B. Equipment C. Cash and near money D. Money-market instruments Correct Answer: Option A – Long-term financial instruments