1985 JAMB UTME Economics Past Questions

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1985

Warehousing facilities in the distribution and marketing of products are provided by?

1985

Because money serves as a standard for deferred payments

1985

One of the functions of the commercial banks is that it is?

1985

The petro- chemical industries are located in the River State of Nigeria due to?

1985

Which of the following factors is mostly responsible for the concentration of population around the oil fields in Eastern Nigeria?

1985

When a business has unlimited liability

1985

Tax which is levied on goods manufactured, sold or used within a country is?

1985

An example of a regressive tax is?

1985

Which of the following is NOT among the canons of taxation as set out by Adam Smith?

1985

A state budget is an outline of planned

1985

Which of the following is a necessary prerequisite for trade by barter?

1985

Under the ECOWAS agreement, a Nigerian can enter and stay in Ghana without visa for a period of?

1985

Foreign exchange control in Nigeria is administered by the?

1985

Devaluation of the naira as a condition for the international Monetary Fund 'loan' is considered inadvisable because?

1985

The argument of tariff protection in less developed economies is that such a measure would

1985

By terms of trade, we mean the?

1985

Which of the following is NOT a part of the fixed costs of a limited liability company?

1985

Under normal circumstances a producer will bear the entire burden of taxation on his output if the?

1985

The process by which a country attempts to reduce the import of manufactured goods at home is described as?

1985

If an economy grows at an annual rate of 6%, of which is deemed to be due to improvement in the productivity of labour and capital combined, the remaining 2% is generally attributed to

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