JAMB UTME - Economics - 1978
Pergunta 2 Relatório
Which of these would not be included in the fundamental principle of a free enterprise economy
Detalhes da Resposta
Pergunta 3 Relatório
Which is NOT a direct effort to increase Agricultural production in Nigeria?
Detalhes da Resposta
Pergunta 4 Relatório
Which of the following is not a form of business organization
Detalhes da Resposta
Pergunta 6 Relatório
Malthus became famous through his theory which may be stated simply
Detalhes da Resposta
Pergunta 7 Relatório
The largest liability appearing in the book of a commercial bank is
Detalhes da Resposta
Pergunta 8 Relatório
Which of these should determine, in a planned economy how the factor of production are to be allocated among different production activities
Detalhes da Resposta
Pergunta 10 Relatório
Which of the following can be regarded as a liability of a commercial bank?
Detalhes da Resposta
Pergunta 11 Relatório
Which of the following is a term used to describe a payment representing a surplus in excess of transfer costs?
Detalhes da Resposta
Pergunta 12 Relatório
Bondholders are treated more favorably than shareholders because
Detalhes da Resposta
Pergunta 13 Relatório
The effect of the demand for product A caused by a change in the price of a product B is called?
Detalhes da Resposta
Pergunta 15 Relatório
If the consumer demand for product X increases as the price of product Y decreases we can be fairly certain that X
Detalhes da Resposta
Pergunta 16 Relatório
An increase in liquid reserve requirements by the central bank of Nigeria will result in
Detalhes da Resposta
Pergunta 18 Relatório
Which of the following activities of government precludes the existence of a market economy?
Detalhes da Resposta
Pergunta 19 Relatório
Which of the following is NOT strictly included In the study of economics?
Detalhes da Resposta
Pergunta 22 Relatório
The following is NOT a reason for the existence of small firms
Detalhes da Resposta
Pergunta 24 Relatório
In order to build up its capital stock, the typical less developed country should ideally
Detalhes da Resposta
Pergunta 28 Relatório
Which of the following financial assets consist the lowest rate of interest in Nigeria?
Detalhes da Resposta
Pergunta 30 Relatório
If a company doubles all its inputs and discovers that its output is more than doubles, we can say that the company is experiencing
Detalhes da Resposta
Pergunta 33 Relatório
Which of these would NOT increase population of a country
Detalhes da Resposta
Pergunta 35 Relatório
A distinguishing characteristics of a consumers' cooperative is the fact that
Detalhes da Resposta
Pergunta 36 Relatório
Less developed countries obtain foreign exchange reserve mainly from the export of
Detalhes da Resposta
Pergunta 37 Relatório
If the demand of a product with perfectly elastic supply increases, there will be
Detalhes da Resposta
Pergunta 38 Relatório
A rational consumer will adjust his spending pattern so that
Detalhes da Resposta
Pergunta 39 Relatório
Which of the following item in the balance of payment of account is an invisible transaction?
Detalhes da Resposta
Pergunta 40 Relatório
As consumption of beer increases, its marginal utility to a drinker will
Detalhes da Resposta
Pergunta 42 Relatório
Suppose that the equilibrium price of an article is N5.00 but the government fixes the price by law at N4.00, the supply will be
Detalhes da Resposta
Pergunta 44 Relatório
A commercial bank is unique in that it is only the institution that
Detalhes da Resposta
Pergunta 46 Relatório
Which of the following sector of the economy is estimated to be the largest employer of labour in the country
Detalhes da Resposta
Pergunta 48 Relatório
A country has a surplus in its balance of visible trade if
Detalhes da Resposta
Pergunta 49 Relatório
A Tax which takes a higher percentage from higher incomes is called?
Detalhes da Resposta
Pergunta 50 Relatório
Which is an example of an invisible item in the trade Account of Ghana?
Detalhes da Resposta
