1994 JAMB UTME Economics Past Questions

1994

The major factor that causes fluctuations in the supply of agricultural produce is?

1994

In the event of liquidation of a private limited liability company, the shareholders' liability is limited in their total?

1994

A major shortcoming of the sole proprietorship form of business is lack of?

1994

Output restriction, fixing of prices, creating obstacles to free entry into the market are features of?

1994

An increase in both the legal reserve ratio and discount rate has the effect of?

1994

An indigenous company wholly owned by the federal government of Nigeria which currently engaged in prospecting for oil is?

1994

Petroleum is the mainstay of the Nigerian economy because it is the?

1994

Labour-intensive strategy of industrialization emphasizes the use of?

1994

What is the term used to describe a policy aimed at promoting the local production of goods which are usually imported?

1994

Taxes and government expenditures are instrument of?

1994

Progressive tax structure is designed to?

1994

Monetary policy aimed at reducing demand-pull inflation in the country maybe carried out through?

1994

Gresham's law in Economics shows that?

1994

Inflation n the Nigeria economy may be fueled by increase in?

1994

One of the techniques for rectifying a deficit balance of payment is?

1994

If national income rises by 6% and population rises by 3%, per capita income will?

1994

A sustained increase in the production of goods and service in a country is called economic?

1994

One of the ways by which the government can speed up economic development is through the?

1994

The national income of a country indicates that the gross domestic production was N17 700 million and gross domestic product was N16 800 million. The difference of N900 million represents?

1994

The borrowing rights of a member country of the international Monetary Fund are determined by?

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