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Economics 2006 JAMB Past Questions

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21

A characteristic common to partnership and sole proprietorship is

  • A. limited liability
  • B. accessibility to loan
  • C. transferability of shares
  • D. unlimited laibility
View Answer & Discuss (4) JAMB 2006
22
Nigeria's exports usually comprise
  • A. consumer goods
  • B. capital goods
  • C. intermediate goods
  • D. primary goods
View Answer & Discuss JAMB 2006
23
Economic growth can be accelerated through
  • A. excess current consumption
  • B. excess consumption over investment
  • C. increased current consumption
  • D. increased current investment
View Answer & Discuss JAMB 2006
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24
An association formed by a group of individuals solely for the marketing of their product is a
  • A. credit and thrift society
  • B. consumer cooperative society
  • C. producer cooperative society
  • D. voluntary organization
View Answer & Discuss JAMB 2006
25
The exchange rate determined by market forces is known as
  • A. pegged exchange rate
  • B. floating exchange rate
  • C. fixed exchange rate
  • D. dual exchange rate
View Answer & Discuss JAMB 2006
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