1998 JAMB UTME Economics Past Questions

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1998

Export-promotion policy is primary concerned with the?

1998

In many developing countries, infrastructural problems are acute due to the shortage of?

1998

An increase in government expenditure will lead to?

1998

A rise in the market price of fixed interest securities is an indication that the

1998

An issue of bank-notes not backed by gold but by government securities is known as?

1998

If the reserve requirement for commercial banking in Nigeria were 30%, a commercial bank which receives an initial cash deposit of N3000 is in a position to lend out?

1998

Which of the following is true about the value of money?

1998

The major objective of economic growth is to?

1998

A fall in the marginal propensity to save will lead to?

1998

If a country's national income increased from N1000 billion over a period of 2 years, what was the average annual rate of growth of national income over the period?

1998

If a government wants to reduce the level of inflation, it will?

1998

When an indirect tax is levied on the producer of a good, the burden on the consumer will depend largely on the?

1998

Development plans have not been successful in some developing countries largely because of?

1998

One of the major consequences of urban-biased development programmes in Nigeria is that they?

1998

Economically, underdeveloped countries are characterized by?

1998

The family Support Programme in Nigeria essentially focuses on?

1998

Which of the following is a transfer payment?

1998

The Economic Commission for Africa was set up by the?

1998

If a country operates a freely floating exchange rate system, and suffers a balance of payments deficit can be eliminated through?

1998

If a country has a balance of payments surplus on current account, this meansthat?

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