by Sunday | Oct 21 | Economics JAMB
Price(N) 20 16 Quantity demanded 100 58 A. Inelastic supply B. Perfectly elastic C. Elastic supply D. Unitary elastic Correct Answer: Option C – Elastic supply
by Sunday | Oct 21 | Economics JAMB
A. Excess demand over supply B. Under- capacity utilization C. Excess supply over demand D. Economic boom Correct Answer: Option C – Excess supply over demand Explanation Oil glut is a Market situation where the supply of a good or service far exceeds its...
by Sunday | Oct 21 | Economics JAMB
A. Dependency ratio B. Labour force C. Per capita D. Net migration Correct Answer: Option D – Net migration Explanation Fertility, mortality and migration are principal determinants of population growth. Population change depends on the natural increase changes...
by Sunday | Oct 21 | Economics JAMB
A. Opportunity for combating inflation B. Depression in the economy C. Shortage in money supply D. Opportunity for full employment Correct Answer: Option D – Opportunity for full employment Explanation When the government spends more than it collects, a budget...
by Sunday | Oct 21 | Economics JAMB
A. Revaluation of currency B. Collective bargaining C. Reducing demand for imported goods D. Imposing lower export duties Correct Answer: Option C – Reducing demand for imported goods Explanation A country can purchase more imported goods for every unit of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.