by Sunday | Oct 19 | Economics JAMB
A. collective bargaining B. imposing lower export duties C. revelation of currency D. reducing demand for imported goods Correct Answer: Option B – imposing lower export duties Explanation Tariffs are taxes or duties imposed on imports and exports by the...
by Sunday | Oct 19 | Economics JAMB
A. Treasury bill B. Bill of exchange C. Stocks and shares D. Call money fund Correct Answer: Option C – Stocks and shares Explanation Stocks and shares are securities purchase by individuals, which is evidence of contributing part of the total capital used in...
by Sunday | Oct 19 | Economics JAMB
A. huge volume of petroleum activities in the country B. diversification system of economic activities C. high demand for foreign commodities D. high rate of unemployment Correct Answer: Option A – huge volume of petroleum activities in the country Explanation A...
by Sunday | Oct 19 | Economics JAMB
A. government B. foreign investors C. suppliers D. consumers Correct Answer: Option D – consumers Explanation This is because, according to the concept of equilibrium, if supply increases while demand remains constant, there will be an excess of supply over...
by Sunday | Oct 19 | Economics JAMB
A. net national product B. gross domestic product C. net income D. disposable income Correct Answer: Option B – gross domestic product Explanation Gross domestic product (GDP) refers to the total money value of all the goods and services produced in a country...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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