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Economics 2006 JAMB Past Questions

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31
If children and the aged dominate the population of a country, this results in
  • A. a reduction in the importation of capital goods
  • B. a fall in the standard of living
  • C. an increase in the national income
  • D. an improvement in the standard of living
View Answer & Discuss (8) JAMB 2006
32
A major factor militating against rapid industrialization in Nigeria is
  • A. inadequate skilled manpower
  • B. poor market facilities
  • C. poor transport facilities
  • D. epileptic power supply
View Answer & Discuss (4) JAMB 2006
33
Minimum wage legislation will result in
  • A. reduced income
  • B. greater supply labour
  • C. reduced labour productivity
  • D. greater demand for labour
View Answer & Discuss JAMB 2006
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34
The term 'oil shock' is used to describe a situation in which
  • A. the demand for oil exceeds its supply
  • B. oil prices have fallen drastically
  • C. the demand for oil is equal to ite supply
  • D. the supply of oil exceeds its demand
View Answer & Discuss JAMB 2006
35
The major problem of conducing a census in Nigeria is
  • A. inadequate skilled personnel
  • B. financial constraint
  • C. urban congestion
  • D. lack of political will
View Answer & Discuss (3) JAMB 2006
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