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Economics Past Questions and Answers

Economics Questions

Question 1026:
JAMB 1990
The system of measurement of national income as the sum of all final demands is called?
SchoolNGR Classroom
  • A Income approach
  • B Expenditure approach
  • C Value-added
  • D Final demands approach
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Question 1027:
JAMB 1990
Disposable income is an income which?
SchoolNGR Classroom
  • A Is available for consumption and savings
  • B Pensioners receive from the government
  • C Is payable to the disable members of the community
  • D Accures to the environmental sanitation authorites for refuse disposal
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Question 1028:
JAMB 1990
in equilibrium, injections are equal to?
SchoolNGR Classroom
  • A Withdrawals
  • B Surplus of imports over exports
  • C Government spending
  • D Wages
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Question 1029:
JAMB 1990
Social overhead capital refers to?
SchoolNGR Classroom
  • A Balanced growth
  • B Gross investment
  • C The building of infrastructures
  • D Capital formation
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Question 1030:
JAMB 1990
The most common index used for measuring development is?
SchoolNGR Classroom
  • A The level of literacy
  • B Per capita income
  • C Nutritional levels
  • D Population growth rate
View Answer & Explanation

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