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656
An account from which allocations are made to the three tier of government in Nigeria is called the?
  • A. National Income Account
  • B. Public Sector
  • C. Federation account
  • D. National Revenue Mobilization Account
View Answer & Discuss JAMB 1992
657

\(\begin{array}{c|c}
& \text{Year 1} & \text{Year 2} \\
\hline
\text{GNP at current prices(NM)} & 20,000 & 27,000 \\ \hline
\text{Population(Million)} & 20 & 24 \\
\end{array}\)

What is the percentage increase in GNP between year 1 and year 2?

  • A. 3.5.0%
  • B. 14.0%
  • C. 20.0%
  • D. 35.0%
View Answer & Discuss (5) JAMB 1992
658
\(\begin{array}{c|c}
& \text{Year 1} & \text{Year 2} \\
\hline
\text{GNP at current prices(NM)} & 20,000 & 27,000 \\ \hline
\text{Population(Million)} & 20 & 24 \\
\end{array}\)

Calculate the GNP per head of the population in year 1 and year 2.
  • A. N2000.00, N1000.00
  • B. N1125.00; N2000.00
  • C. N1000.00, N2000.00
  • D. N1000.00; N1125.00
View Answer & Discuss JAMB 1992
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659
In national income accounting, aggregate saving in any year is defined as?
  • A. all disposable income not spent on consumption
  • B. all savings deposits in all banks during the year
  • C. all savings and time deposits in all banks during the year
  • D. the value of inventory change for the year
View Answer & Discuss JAMB 1992
660
Which of the following combinations is a veritable set of development indicators?
  • A. Growth of governemnt expenditure and imports
  • B. Growth of population and national income
  • C. High fertility, literacy and school enrolment rates
  • D. Low infant mortality and high per capital income and literacy rates
View Answer & Discuss JAMB 1992
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