by Sunday | Oct 22 | Economics JAMB
A. unitarily elastic B. perfectly elastic C. perfectly inelastic D. fairly inelastic Correct Answer: Option C – perfectly inelastic Explanation Price elasticity of demand is the degree to which a change in price would affect the quantity demanded or supplied of...
by Sunday | Oct 22 | Economics JAMB
A. structurally unemployed B. frictionally unemployed C. seasonally unemployed D. cyclically unemployed Correct Answer: Option B – frictionally unemployed Explanation Frictional unemployment happens when people move from one job to another. Mr X was frictionally...
by Sunday | Oct 22 | Economics JAMB
A. an increase in the rate of productivity B. the rising cost of capital accumulation C. a contraction of employment in service industries D. an increase in the quantity of labour Correct Answer: Option A – an increase in the rate of productivity Explanation...
by Sunday | Oct 22 | Economics JAMB
A. the prevailing exchange rate B. marginal efficiency of capital C. the risk associated with the loan D. the prevailing tax rate Correct Answer: Option A – the prevailing exchange rate Explanation Interest rates are determined, in large part by central banks...
by Sunday | Oct 22 | Economics JAMB
A. eliminating trade restrictions among states B. encouraging transport and communication development C. guaranteeing a steady flow of foreign investment into Africa D. providing the machinery for collaboration on monetary issues Correct Answer: Option A –...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.