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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
1116
The difference between birth and death rates of a given population is referred to as the
  • A. mortality rate
  • B. fertility rate
  • C. natural growth rate
  • D. linear growth rate
View Answer & Discuss (1) JAMB 2004
1117
Fiscal policy is the government's plan to control aggregate demand by manipulating
  • A. the demand and supply of money
  • B. revenue and expenditure
  • C. tastes and preferences of consumers
  • D. the structure of production and employment
View Answer & Discuss (1) JAMB 2004
1118
A country is said to have absolute advantage when she
  • A. has a higher opportunity cost in the production of a good
  • B. can sell to other countries without buying from them
  • C. can produce more of any good with fewer resources
  • D. has a lower opportunity cost in the production of good
View Answer & Discuss JAMB 2004
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1119

The European Union was formed to

  • A. promote free trade within member nations
  • B. promote economic integration in non-member countries
  • C. assist countries to achieve their economic goals
  • D. finance development projects in member nations
View Answer & Discuss (1) JAMB 2004
1120
When the importation of a commodity is limited to a definite quantity, the trade control means used is known as
  • A. exchange control
  • B. tax relief
  • C. devaluation
  • D. quotas
View Answer & Discuss JAMB 2004
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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