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Economics 2013 JAMB Past Questions

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36

A major disadvantage of partnership business is

  • A. difficulty in the transfer of shares
  • B. distrust among members
  • C. limited liability
  • D. large capital outlay
View Answer & Discuss (1) JAMB 2013
37
The quality of labour force in Nigeria can be improved by
  • A. establishing more tertiary institutions
  • B. creating sufficient job opportunities
  • C. encouraging the study of science and technology
  • D. establishing more skills acquisition centres
View Answer & Discuss (1) JAMB 2013
38

The effect of emigration on a country's population is

  • A. decrease in the population
  • B. decrease in job opportunities
  • C. increase in population
  • D. increase in dependency ratio
View Answer & Discuss (3) JAMB 2013
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39

A measure for preventing the external value of the naira from falling is for the government to

  • A. increase its spending with foreign reserve
  • B. sell its own currency
  • C. reduce interest rate
  • D. buy its currency with foreign reserve
View Answer & Discuss (5) JAMB 2013
40

A fiscal policy instrument that can influence the demand pattern in an economy is

  • A. government spending
  • B. interest rate
  • C. income tax
  • D. tariff
View Answer & Discuss (2) JAMB 2013
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