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101
Which is NOT a cause of high population growth in Nigeria?
A.
Family planing Unit of Nigeria
B.
Improve medical facilities
C.
Reduction in death rate
D.
Improve hygiene
E.
Increased birth rate
View Answer & Discuss
JAMB 1980
102
Commercial banks can create money in the following ways?
A.
by using coins and paper money
B.
by borrowing money from banks abroad
C.
by receiving deposit from individuals
D.
by printing money on the instruction of the central bank
E.
none of the above
View Answer & Discuss (3)
JAMB 1980
103
Utility of a commodity means?
A.
its usefulness
B.
power to satisfy a want
C.
price of the commodity
D.
satisfaction derived from the product of commodity
E.
its adaptability
View Answer & Discuss (2)
JAMB 1980
104
International trade arise because?
A.
one country has more abundant resource
B.
one country has the technology to produce the commodity whilst the other has not
C.
one country has the maximum comparative advantage or minimum comparative disadvantage in the production
D.
one country has manpower to produce the commodity than the country
E.
All of the above
View Answer & Discuss (1)
JAMB 1980
105
By balance of visible trade we mean?
A.
import and export of goods
B.
import and export of service
C.
balance of current account in the balance of payment
D.
balance of capital account in the baalance of payment
E.
all of this
View Answer & Discuss
JAMB 1980
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