by Sunday | Oct 23 | Economics JAMB
A. debit on Japan’s balance of payments B. credit on Japan’s balance of payments C. credit on Nigeria’s balance of trade D. credit on Nigeria’s balance of payment Correct Answer: Option A – debit on Japan’s balance of payments...
by Sunday | Oct 23 | Economics JAMB
A. make profit B. satisfy basic human wants C. redistribute wealth D. put inputs into use Correct Answer: Option B – satisfy basic human wants Explanation The aim of production is to produce goods and services to satisfy the needs of people as per their...
by Sunday | Oct 23 | Economics JAMB
A. common tariff against non-member countries B. different trade policies of non-member countries C. free factor mobility within the zone D. harmonized trade among member countries Correct Answer: Option D – harmonized trade among member countries Explanation In...
by Sunday | Oct 23 | Economics JAMB
A. twenty B. five C. seven D. infinite Correct Answer: Option D – infinite Explanation There is no limitation on the number of shareholders a limited liability company can have
by Sunday | Oct 23 | Economics JAMB
A. instability in the demand for the products B. dominance of multinational firms C. instability in the supply of the product D. poor maintenance of the refineries Correct Answer: Option C – instability in the supply of the...