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Economics 1995 JAMB Past Questions

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41
An increasing population might be of economic benefit to a country if?
  • A. the female population is greater than the male population
  • B. the dependency ratio is increasing as the total population increases
  • C. a continuosly higher proportion falls into working class category
  • D. the rural and urban proportion ae balanced
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42
The demand made on each other by the agriculture and industrial sector as the economy grows are reflected in?
  • A. backward and forward linkages
  • B. horizontal and vertical linkages
  • C. vertical linkages
  • D. functional linkages
View Answer & Discuss (2) JAMB 1995
43
Foreign exchange rate in a free market economy is determined by?
  • A. the government
  • B. the Central Bank
  • C. demand and supply
  • D. commercial banks
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44
The primary objective of all international economic organizations is to?
  • A. ensure that third world countries get a better share of the world's resources
  • B. promote international economic co-operation for the mutual benefit of all members
  • C. enforce structural adjustment programmes on less developed countries
  • D. encourage exports from the developed to the less developed countries
View Answer & Discuss JAMB 1995
45
In the circular flow of income above, the direction of flow of payments for consumption purchases is shown by the arrow
  • A. K
  • B. L
  • C. M
  • D. N
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