Deficit financing is mostly facilitated by the existence of?

The group of unemployed members of a community who are physically handicapped or disabled, is generally classified under unemployment as?

Collectivism refers to the system of management of state enterprises in a?

An increase in an economy's productive capacity implies?

The most threatening problem for the less developed countries is?

If technology becomes less capital-intensive, it means?

<img alt="" class="alignnone size-full wp-image-296562" height="183" src="https://data.ulearngo.com/assets/1b7ff98c-a28f-4485-8610-e41fe3f58f10" width="300"/>A textile firm operates a plant in the North (where capital expensive relative to labour)as well as a plant in the South (where labour is expensive relative to capital ). In this diagram above the Southern plant will minimize cost by combining labour and capital in the amounts indicated by

<img alt="" class="alignnone size-full wp-image-296583" height="269" src="https://data.ulearngo.com/assets/d01511bb-8a79-4ef2-8129-9969f128980b" width="334"/>If in this demand-supply diagram, the quantity supplied is OQ, then

Which of the following occurs in the circular flow of economic activities with no leakages

The demand and supply equations for a commodity are given respectively as D = 20 - 1/2P; S = 8 + 1/4P. Recalling that at equilibrium, D = S, the equilibrium (P) and quantity (Q) can be obtained as

1988 JAMB UTME Economics Past Questions