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Economics 2008 JAMB Past Questions

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31

The exports-promotion strategy is aimed at producing

  • A. consumer goods originally imported
  • B. machinery for industries
  • C. more goods for exports
  • D. more goods domestic consumption
View Answer & Discuss JAMB 2008
32

The activities in the oil and gas industry are classified into

  • A. exploration and transportation
  • B. upstream and downstream
  • C. discovery and extraction
  • D. onshore and offshore
View Answer & Discuss JAMB 2008
33

The economic policy of privatization came up as a result of the poor performance of

  • A. commercial banks
  • B. small-scale businesses
  • C. public enterprises
  • D. private enterprises
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34

Joint-stock companies can raise funds from

  • A. the money market
  • B. the capital market
  • C. various sources
  • D. government
View Answer & Discuss (1) JAMB 2008
35

The active population of a country determines the size of its

  • A. economic resources
  • B. national income
  • C. labour force
  • D. gross domestic product
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