by Sunday | Oct 20 | Economics JAMB
A. Corruption and political instability B. Over-dependence on foreign aid C. High cost of plan implementation D. Shortage of personnel Correct Answer: Option A – Corruption and political instability
by Sunday | Oct 20 | Economics JAMB
A. Traditional budgeting focuses on goals and objectives B. Zero-based budgeting produces a single level of appropriation for an activity C. Traditional budgeting starts with last year’s funding appropriation D. Zero-based budgeting does not systematically consider...
by Sunday | Oct 20 | Economics JAMB
A. low-interest charges on loans B. improvements in infrastructure C. low foreign exchange rate D. high standard of living Correct Answer: Option D – high standard of living Explanation This is one of the reasons government participates in the location of...
by Sunday | Oct 20 | Economics JAMB
A. Limited partnership B. limited liability company C. private partnership D. joint-stock partnership Correct Answer: Option A – Limited partnership Explanation Limited partnership is one who has agreed to contribute a certain sum to a partnership in business...
by Sunday | Oct 20 | Economics JAMB
A. Grants, aids and borrowing B. Taxes, fees, licenses and fines C. Interest, dividends, profits and earnings D. personal income, disposable income and transfer earnings Correct Answer: Option D – personal income, disposable income and transfer earnings...