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Economics 1986 JAMB Past Questions

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46
ECOWAS will enable the countries involved to achieve
  • A. comparative political advantage over other countries not in the region
  • B. a large market for their products
  • C. military superiority over countries not in the region
  • D. lower the transportation codt of goods wthin the region
View Answer & Discuss JAMB 1986
47
Which of the following methods is most likely to lead an economy?
  • A. An increase in wages and profits
  • B. An increase in consumer demand
  • C. A greater fraction of national Product going into investment
  • D. A countinuous rise in bank loans
View Answer & Discuss JAMB 1986
48
The difference between the Gross Domestic Product and the Gross National Product is?
  • A. allowance for total depreciation
  • B. total interest payments
  • C. total tax and interest payments
  • D. net income from aboard
View Answer & Discuss JAMB 1986
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49
Which of the following strategies will provide more employment opportunities for Nigerians?
  • A. Investment in social services
  • B. Industrialization
  • C. Economics planning
  • D. Eradication of illiteracy
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50
An nation's distribution of income shows?
  • A. the value of all goods produce inthe economy
  • B. how income is divided among different groups
  • C. where the economy system is on its production possibility curve
  • D. the consumption behaviour of the people
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