by Sunday | Oct 21 | Economics JAMB
A. Macro economics B. deductive method of economic analysis C. micro economics D. Inductive method of economics analysis Correct Answer: Option A – deductive method of economic analysis Explanation Macro Economics studies the fluctuations in the levels of large...
by Sunday | Oct 21 | Economics JAMB
A. 2 B. 0.4 C. 1 D. 0.5 Correct Answer: Option D – 0.5 Explanation The Marginal Propensity to Consume (MPC) is the additional amount consumed as a fraction of additional disposable income. Initial income = N150. New income = N250. Change in income = N250 – N150...
by Sunday | Oct 21 | Economics JAMB
A. (Price index of export ÷ Price index of export) × 100 B. (price index of import ÷ price index of export) × 100 C. (Price index of export ÷ Price index of import) × 100 D. (Price index of export ÷ Price index of import) × 100 Correct Answer: Option C – (Price...
by Sunday | Oct 21 | Economics JAMB
A. Increase in demand B. Reduce public spending C. Control excessive import D. Increase indirect tax Correct Answer: Option A – Increase in demand Explanation Excess demand without a corresponding increase in supply causes...
by Sunday | Oct 21 | Economics JAMB
A. regressive tax B. progressive tax C. value added tax D. proportional tax Correct Answer: Option A – regressive tax Explanation A regressive tax falls as incomes increases while progressive tax rises as income increases. Proportional tax is a flat rate while...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.