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951
Which of the following is used for measuring national income?
  • A. Output, income and wages
  • B. Import, expenditure and output
  • C. Income, output and expenditure
  • D. Export, Import and output
View Answer & Discuss JAMB 2000
952
Exclusions that makes Gross National Product a poor measure of welfare are?
  • A. goverment purchases
  • B. government millitary outlays
  • C. wages and salaries
  • D. housewives services
View Answer & Discuss (3) JAMB 2000
953
An increase in money supply, other things being equal, will?
  • A. lower interest rates
  • B. reduce income
  • C. ensure trade balance
  • D. increase money demand
View Answer & Discuss (5) JAMB 2000
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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954
A persistent rise in the general level of prices implies?
  • A. an increase in some prices
  • B. a one-time rise in prices
  • C. a steady fall in the purchasing power of money
  • D. that the higher the price level, the more the value of money
View Answer & Discuss JAMB 2000
955
Two principal ways by which banks can lend money to their customers are through?
  • A. loans and overdrafts
  • B. loans and discounting bills
  • C. overdrafts and cheques
  • D. overdraft and treasury bills
View Answer & Discuss JAMB 2000
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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