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Economics Past Questions

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956
A capital market differs from the money market in that in the former?
  • A. loan sought is short term
  • B. loan reayment is guaranteed
  • C. loan sought is long term
  • D. the percentage of interest chargedis more
View Answer & Discuss JAMB 2000
957
An aspect of taxation that involves normative economics is the?
  • A. ]tax rate
  • B. effect on incentive to work
  • C. fairness of the tax
  • D. tax burden
View Answer & Discuss (5) JAMB 2000
958
Public debt is composed of?
  • A. internal debts and World Bank loans
  • B. money owed to local and foreign contractors
  • C. internal and external debts
  • D. loans granted by IMF and ADB
View Answer & Discuss JAMB 2000
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959
A country exporting mainly primary products and with a high percentage of her labour force in agriculture is said to be?
  • A. developing
  • B. developed
  • C. poor
  • D. underdeveloped
View Answer & Discuss (1) JAMB 2000
960
A country's import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade?
  • A. 20%
  • B. 71%
  • C. 120%
  • D. 140%
View Answer & Discuss (2) JAMB 2000
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