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Economics 1990 JAMB Past Questions

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21
Capital provided by individuals to the firm by purchasing stocks is called?
  • A. debt capital
  • B. fixed capital
  • C. circulating capital
  • D. equlity capital
View Answer & Discuss JAMB 1990
22
Which of the following factors is the most important in siting a petrol-chemical plants?
  • A. Nearness to the source of raw materials
  • B. Nearness to the source of power
  • C. Availability of labour
  • D. Proximity to financial institutions
View Answer & Discuss (2) JAMB 1990
23
Which of the following will be the effect of allowing only economic factors to dedicate the location of industries in Nigeria?
  • A. A more even development of the different parts of the country will be assured
  • B. There will be an unbalanced spread in the distribution of industries
  • C. The less developed parts of the country will be able to attract more industries
  • D. Only the government will be able to finance the establishment of industries
View Answer & Discuss JAMB 1990
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
24

If the same basket of goods which cost N12.00 in 1985 cost N15.00 in 1987, price index for 1987 is?

  • A. 25
  • B. 80
  • C. 100
  • D. 125
View Answer & Discuss JAMB 1990
25
Which of the following is likely to be inflationary?
  • A. Tax increase
  • B. increase in unemployment
  • C. Budget surplus
  • D. Wages increase
View Answer & Discuss (6) JAMB 1990
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