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206
One of the ways by which Government derives revenue from industrial enterprises in West Africa is?
  • A. tariffs
  • B. excise duties
  • C. poll tax
  • D. import duties
  • E. community tax
View Answer & Discuss JAMB 1982
207
What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?
  • A. Availability of labour in the area
  • B. Acces to transport facilities
  • C. Nearness of raw materials
  • D. Availability of power
  • E. Nearness of Technical and Engineering School
View Answer & Discuss JAMB 1982
208
A good measure of the standard of living usually used for international comparison is
  • A. gross natioal income (GNI)
  • B. net national income (NNI)
  • C. gross national product (GNP)
  • D. gross domestic product (GDP)
  • E. per capital income (PCI)
View Answer & Discuss (5) JAMB 1982
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209
A commodity can be sold for two or more different prices if it is?
  • A. produced or sold by oligopoly
  • B. sold in perfect market
  • C. produce or sold by monopsony
  • D. produced or sold by monopoly
  • E. produced or sold by perfect competition
View Answer & Discuss (1) JAMB 1982
210
The PAYE (Pay As You Earn) in Nigeria is an example of?
  • A. indirect tax
  • B. progressive tax
  • C. regressive tax
  • D. community tax
  • E. flat rate tax
View Answer & Discuss (2) JAMB 1982
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