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Economics 1994 JAMB Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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36
One of the ways by which the government can speed up economic development is through the?
  • A. increase in consumption pattern of the people
  • B. encouragement of savings, investment and equitable distribution of goods and services
  • C. increase in the rate of population growth so as to ensure that the country has a large labour force
  • D. encouragement of importation of raw materials to produce consumer goods
View Answer & Discuss JAMB 1994
37
A sustained increase in the production of goods and service in a country is called economic?
  • A. development
  • B. growth
  • C. diversification
  • D. planning
View Answer & Discuss JAMB 1994
38
If national income rises by 6% and population rises by 3%, per capita income will?
  • A. rise by 6 percent
  • B. fall by 3 percent
  • C. fall by 6 percent
  • D. rise by 3 percent
View Answer & Discuss (1) JAMB 1994
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39
One of the techniques for rectifying a deficit balance of payment is?
  • A. import promotion
  • B. devaluation
  • C. physical intervention
  • D. borrowing from abroad
View Answer & Discuss JAMB 1994
40

The main objective of the Economic Community of West African State is to?

  • A. estabilish a West African Development Bank
  • B. create a West African army
  • C. introduce a common currency for the sub-region
  • D. promote the free movement of persons, goods and services within the sub-region
View Answer & Discuss (2) JAMB 1994
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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