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Economics 2005 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
The loans from the World Bank to developing countries are mainly to support
  • A. capital-intensive technology
  • B. the establishment of universities
  • C. their infrastructure investment
  • D. their level of consumption
View Answer & Discuss JAMB 2005
37
Economic growth is different from economic development because economic growth
  • A. describes expansion and change
  • B. is measurable but not objective
  • C. describes expansion and not change
  • D. is not measurable but objective
View Answer & Discuss JAMB 2005
38
A long-term capital outflow is recorded in the balance of payment as a
  • A. credit on the capital account
  • B. credit on the current account
  • C. debit on the current account
  • D. debit on the capital account
View Answer & Discuss JAMB 2005
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39
Business organization in which the owners' personal property may be forfeited in the event of bankruptcy are
  • A. partnerships and limited liability companies
  • B. partnerships and sole proprietorships
  • C. cooperatives and sole proprietorship
  • D. corporation and sole proprietorship
View Answer & Discuss (1) JAMB 2005
40
Economic growth is different from economic development because economic growth
  • A. describes expansion and change
  • B. is measurable but not objective
  • C. describes expansion and not change
  • D. is not measurable but objective
View Answer & Discuss JAMB 2005
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