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Economics 1982 JAMB Past Questions

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26
In an economy, if the proportion of people who are below 18 years is 40% and those above 60 years is 30% what would this imply? the
  • A. dependency ratio is high
  • B. population is optimum
  • C. ratio of females to males is high
  • D. population is growing at less than equilibrium
  • E. population is growing according to Malthus theory
View Answer & Discuss (2) JAMB 1982
27
Which is considered the most effective tool by which the Central Bank of Nigeria can control the activities of commercial banks?
  • A. Open market operation
  • B. Reserve requirements
  • C. Bank rate
  • D. Directives
  • E. Special deposits
View Answer & Discuss (4) JAMB 1982
28
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
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29
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
30
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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