by Sunday | Oct 23 | Economics JAMB
A. 50% B. 25% C. 8% D. 80% Correct Answer: Option D = 80% Explanation The percentage of working population in 2002 = Working population /Total population X 100% 32/40 X 100% = 80%
by Sunday | Oct 23 | Economics JAMB
A. 33.3% B. 20.0% C. 11.0% D. 50% Correct Answer: Option D = 50% Explanation Population growth rate = the difference between the previous year population and the current year population divided by the previous year 2002 population = 40,000 2003 population = 60,000...
by Sunday | Oct 23 | Economics JAMB
A. number of skilled labour available B. skill of labour C. marginal productivity of labour D. price of the inputs Correct Answer: Option C – marginal productivity of labour Explanation The demand for an additional amount of labour depends on the Marginal...
by Sunday | Oct 23 | Economics JAMB
A. level of technical know-how B. rate of population growth C. availability of natural resources D. level of income Correct Answer: Option A – level of technical know-how Explanation The method of production has to do with Processes and techniques that are used...
by Sunday | Oct 23 | Economics JAMB
A. provide subsidies on imported goods to member countries B. mobilize short-term loans for member countries C. promote economic and social development of member countries D. provide technical assistance to only poor member countries Correct Answer: Option C –...
by Sunday | Oct 23 | Economics JAMB
A. debit on Japan’s balance of payments B. credit on Japan’s balance of payments C. credit on Nigeria’s balance of trade D. credit on Nigeria’s balance of payment Correct Answer: Option A – debit on Japan’s balance of payments...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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