1999 JAMB UTME Economics Past Questions

1999

The land tenure system in Nigeria impedes agricultural production because?

1999

National income at factor cost means national income at?

1999

When a worker earns more than the wage just sufficient to keep him in his job, the excess income is called?

1999

Optimum population is defined as the level of population at which?

1999

An entrepreneur will continue to employ labour up to a point where?

1999

Import substitution industrialization refers to?

1999

The relationship between the value of money and the price level is?

1999

Inflation which is caused mainly increases in the prices of factors of production is described as?

1999

Non-bank financial intermediaries do not?

1999

One of the major problems of product distribution in most developing countries is?

1999

The value of the multiplier depends on?

1999

Fiscal policy involves changes in?

1999

One of the functions money is that, it helps?

1999

If high unemployment goes hand in hand with rising prices, the situation created is?

1999

Bills of exchange originates from a?

1999

People hold money for?

1999

Gains from trade depends on?

1999

De valuation helps in checking adverse balance of payments if the?

1999

A free trade area emerges when?

1999

The price of a good will not be affected by the imposition of a sales tax on it if the?

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