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Economics 2016 JAMB Past Questions

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31
In Nigeria, most agricultural policies are aimed at______?
  • A. Ensuring equitable distribution of income
  • B. Liberalizing all sectors of the nation's economy
  • C. Encouraging the development of manufacturing sector
  • D. Achieving self-sufficiency in food production
View Answer & Discuss JAMB 2016
32

One major problem encountered by ECOWAS is_______?

  • A. Conflict of interest among members
  • B. Increasing population
  • C. Weakness in the trade relationship
  • D. Language barrier
View Answer & Discuss (8) JAMB 2016
33

One of the characteristics of private enterprises is ______?

  • A. Provision of welfare to the citizens
  • B. That tax payers bear all the risks
  • C. Public ownership of shares
  • D. Individual funding of business activities
View Answer & Discuss JAMB 2016
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34

The concept of marginal utility indicates the relationship between utility and _________?

  • A. Price
  • B. Satisfaction
  • C. Cost
  • D. Revenue
View Answer & Discuss (6) JAMB 2016
35

In Nigeria, unemployment can be minimized through______?

  • A. Diversification of the economy
  • B. Strict immigration law
  • C. Paying unemployment benefits
  • D. Restrictive fiscal policy
View Answer & Discuss JAMB 2016
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