by Sunday | Oct 30 | Economics JAMB
A. it allows free movement of factors of production B. it makes possible the use of capital-intensive method of production C. nations are substantially different in their endowments of economic resources D. it affords the trading nations the opportunity to earn high...
by Sunday | Oct 30 | Economics JAMB
A. the establishment of more universities B. capital-intensive technology C. infrastructural investments D. their low level of consumption Correct Answer: Option C – infrastructural investments
by Sunday | Oct 30 | Economics JAMB
A. indirect taxes B. social costs C. government subsidies D. transfer payments Correct Answer: Option D – transfer payments
by Sunday | Oct 30 | Economics JAMB
If the labour force in a given community is 2,000,000, in the wage employment 200,000 and the unemployed are 80,000, what is the unemployment rate in the community? A. 0.4% B. 40.0% C. 10.0% D. 4.0% Correct Answer: Option B –...
by Sunday | Oct 30 | Economics JAMB
A. stimulate her population growth rate B. pursue a high population growth rate C. pursue a rational population policy D. pursue an incremental population policy Correct Answer: Option C – pursue a rational population...
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