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Economics 2019 JAMB Past Questions

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71

One of these is not a problem of agriculture___________

  • A. provision of employment
  • B. lack of preservation and storage facilities
  • C. land tenure system
  • D. poor transportation systems
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72

The business risks of a public corporation are borne ultimately________

  • A. by the government
  • B. by the treasury
  • C. by the rate payers
  • D. by the tax payers
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73

Poverty simply refers to the low level of________

  • A. planning
  • B. per capita income
  • C. rich people
  • D. labour face
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74

The oil boom between 1970 - 1980 caused the oil sector to become____________

  • A. the main source of government
  • B. management of spillage and pollution
  • C. protection to the local operators in the petroleum industry
  • D. decrease in the rate of inflation
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75

When a member's currency is declared "scarce", it is the duty of the IMF to______

  • A. suspend the member state indefinitely
  • B. ban all exports from that state
  • C. suspend dealings in that currency for one year
  • D. ration it among the countries demanding it
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