Economics 1997 JAMB Past Questions

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Stock and shares as well as bonds are examples of instruments used in the?

A. commodity markets
B. money markets
C. capital markets
D. security markets

View Answer & Discuss (6) JAMB 1997

The use of legally permissible means to reduce tax liabilities is known as tax?

A. evasion
B. avoidance
C. reliefs
D. exemption

View Answer & Discuss (3) JAMB 1997

The greatest proportion of government revenue in Nigeria comes from?

A. export of raw materials
B. income taxes on individuals and business
C. custom duties and excise duties
D. loans and grants from industrially advanced countries

View Answer & Discuss (5) JAMB 1997

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One of the factors which is likely to check the growth of public debts is?

A. bridging the resources gap
B. debt reputation
C. debts rescheduling
D. debt-equility swap

View Answer & Discuss (2) JAMB 1997

If the marginal propensity to consume is 0.75 and private investment increases by N10 billion while government expenditure decreases by N15 billion, GDP will decrease by?

A. N12 billion
B. N15 billion
C. N20 billion
D. N25 billion

View Answer & Discuss (3) JAMB 1997

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Economics 1997 JAMB Past Questions

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