by Sunday | Oct 23 | Economics JAMB
A. domestic production B. large-scale production C. importation D. exportation Correct Answer: Option A – domestic production Explanation Import substitution also referred to as import substitution industrialization (ISI), is a set of policies that addresses the...
by Sunday | Oct 23 | Economics JAMB
A. increase revenue B. reduce aggregate demand C. curb inflation D. stimulate investment Correct Answer: Option C – reduce aggregate demand
by Sunday | Oct 23 | Economics JAMB
A. GDP gap B. GDP at factor cost C. GDP at market price D. GDP deflator Correct Answer: Option C – GDP at market price Explanation To see economic growth there needs to be an increase in Gross Domestic Product (GDP). This can occur through an increase in...
by Sunday | Oct 23 | Economics JAMB
A. an increase in military expenditure B. an increase in capacity utilization C. a sustained increase in per capital income D. an even distribution of goods and services Correct Answer: Option C – a sustained increase in per capital income Explanation Per capita...
by Sunday | Oct 23 | Economics JAMB
A. notes B. precious metals C. coins D. commodities Correct Answer: Option D – commodities Explanation Commodity money is a physical good that consumers universally use to trade for other goods. It was used as money during the barter system. They include...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.