Economics 1995 JAMB Past Questions

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An aging population is a population?

A. with a high dependency ratio
B. with many young people
C. in which the number of old persons is increasing
D. that is dominated by very old people

View Answer & Discuss (2) JAMB 1995

The population of Oh-aha L.G.A. WAS 480 000 in December 1980, out of which 60% were females . If within one year no birth were recorded, but 5% of the L.G.A. in December 1981?

A. 96 000
B. 192 000
C. 288 000
D. 470 400

View Answer & Discuss (2) JAMB 1995

What is meant by labour supply?

A. Number of people in working population
B. Number of men and hours they work
C. Number of hours during which the middle aged persons work
D. Number of workforce multiplied by the hours they work

View Answer & Discuss (2) JAMB 1995

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The advantages which firms obtain directly from expanding their operations are referred to as?

A. internal economies of scale
B. external economies of scale
C. economics of localization
D. economies of resources allocation

View Answer & Discuss (1) JAMB 1995

The factor of production that has the highest degree of mobility is?

A. land
B. labour
C. capital
D. enterpreneurship

View Answer & Discuss JAMB 1995

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Economics 1995 JAMB Past Questions

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