by Sunday | Oct 23 | Economics JAMB
A. profit B. interest C. rent D. wages Correct Answer: Option B – interest Explanation Capital’ – investment in man-made aids to production including buildings, factories, computers. The reward for capital is...
by Sunday | Oct 23 | Economics JAMB
A. provide funds for infrastructural development B. determine prices of exports C. redistribute income among citizens D. provide employment for citizens of member nations Correct Answer: Option A – provide funds for infrastructural development Explanation Some...
by Sunday | Oct 23 | Economics JAMB
A. current account B. current and capital accounts C. current and escrow accounts D. capital and escrow accounts Correct Answer: Option D – capital and escrow accounts
by Sunday | Oct 23 | Economics JAMB
A. 10 B. 20 C. 30 D. 50 Correct Answer: Option C – 30 Explanation Emigrants are people who move in to settle in a particular region (increasing the new population) Immigrants are people who move out of a particular region to another place. (Reducing the old...
by Sunday | Oct 23 | Economics JAMB
A. population growth rates of the rich and the poor nations B. population density and national income C. population growth rate and natural resources D. age distribution of population Correct Answer: Option C – population growth rate and natural resources...