JAMB UTME - Economics - 1980
Tambaya 2 Rahoto
Mr.A earns N300 and pays N15 in tax. Mr. B earns N100 and pays N6 in tax. This tax system can be described as?
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Tambaya 3 Rahoto
Indicate which of the following are invisible trade items in a country’s balance of payments?
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Tambaya 6 Rahoto
The fundamental problem of Economics is?
Tambaya 10 Rahoto
In a normal (typical) demand schedule, the quantity demand is?
Tambaya 11 Rahoto
Nigeria earns the major part of her foreign exchange from the export of?
Tambaya 13 Rahoto
Division of labour is limited by the?
Tambaya 18 Rahoto
Which of the following is the standard concept for measuring and analyzing population growth?
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Tambaya 20 Rahoto
From an economic point of view, an activity does not have a cost when
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Tambaya 24 Rahoto
If the government is interested in raising the highest revenue from a tax system, then for any two commodities
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Tambaya 28 Rahoto
If you do not have to give anything in order to get a particular thing, then its opportunity cost is?
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Tambaya 30 Rahoto
Which of the following is NOT one of the balance of payment entries?
Tambaya 32 Rahoto
If the price of a commodity falls and the quantity purchased of it does not rise, the commodity can be described as
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Tambaya 34 Rahoto
By balance of visible trade we mean?
Tambaya 39 Rahoto
In the above diagram supply and demand conditions of sugar in a Nigerian market are given. An indirect tax of 10 kobo per kg is imposed it will be paid
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Tambaya 40 Rahoto
Which is the dominant form of tax in Nigeria
Tambaya 43 Rahoto
Which is NOT a function of Central Bank in West Africa
Tambaya 44 Rahoto
If a firm doubles its output and its cost increase by 60%, the firm is experiencing
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Tambaya 45 Rahoto
In a free market economy, the rationing of scarce goods is done principally by
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Tambaya 49 Rahoto
When we draw a market demand curve, we?
