by Sunday | Oct 22 | Economics JAMB
A. government spending B. interest rate C. income tax D. tariff Correct Answer: Option C – income tax Explanation An income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction. The higher the rate of...
by Sunday | Oct 22 | Economics JAMB
A. increase its spending with foreign reserve B. sell its own currency C. reduce interest rate D. buy its currency with foreign reserve Correct Answer: Option B – sell its own currency Explanation If the naira can be valued to the point where it can compete with...
by Sunday | Oct 22 | Economics JAMB
A. decrease in the population B. decrease in job opportunities C. increase in population D. increase in dependency ratio Correct Answer: Option A – decrease in the population Explanation Emigration is the act of leaving one’s own country to settle...
by Sunday | Oct 22 | Economics JAMB
A. establishing more tertiary institutions B. creating sufficient job opportunities C. encouraging the study of science and technology D. establishing more skills acquisition centres Correct Answer: Option D – establishing more skills acquisition...
by Sunday | Oct 22 | Economics JAMB
A. difficulty in the transfer of shares B. distrust among members C. limited liability D. large capital outlay Correct Answer: Option B – distrust among members Explanation Distrust among partners often stems from poor communication, leading to suspicion when...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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