Economics

Quick Links

                      
                

Past Questions

Question 151
jamb 1981
a

which are levied on the incomes and profits of individuals and firms

b

whose incidence always falls on the consumer

c

which are based on the progressive principle

d

on casinos, airports and capitals gains

e

which are levied on people and economic units through the goods and services they purchase

Question 152
jamb 1981
a

budget deficit

b

balance budget

c

budget surplus ‘

d

budget statement

e

unfavourable budget.

Question 153
jamb 1981
a

Agriculture employs over 60% of West Africa’s occupied population

b

Agriculture production is the basis for excise taxes in West Africa

c

Many West Africa countries depend on agricultural exports for foreign exchange earnings

d

Agriculture supplies West African industries with raw materials

e

Agriculture provides incomes to West African farmers who engaged in it

Question 154
jamb 1981
a

industrialization

b

export-promotion

c

import-substitution

d

export--substitution

e

import-expansion

Question 155
jamb 1981
a

the study of money and banking

b

the study of markets and prices

c

the study of production and distribution

d

the study of human behaviour in the allocation of scarce resources

e

the study of the employment of labour, land, and capital

Take a test