Economic Growth And Development Jamb Economics Past Questions
Question 1
One of the major criticism of the 1962 -1968 National Development Plan was that?
- A. it failed to incorporate lessons gained from earlier plans to enhance its efficiency
- B. it came too quickly after the country's independence
- C. planned expenditure was based too heavily on expected earnings from crude oil
- D. its execution was based largely on foregn-sourced financial resources
Question 2
Increasing national income without effective control of population size in a country can lead to
- A. higher per capita income
- B. increase in poverty
- C. increased outflow of aid
- D. underutilization of resources
Question 3
Which of the following is not an indicator of economic growth?
- A. CPI
- B. PPI
- C. GDP
- D. High Level of Unemployment
Question 4
The establishment of industries in rural areas will help to reduce____________-
- A. Urban-Rural migration
- B. Rural-Urban migration
- C. Rural-Rural migration
- D. Urban-Urban migration
Question 5
Given the present state of the Nigerian economy, which of the following measures will promote a more rapid economic development?
- A. Complete dependence on oil exports
- B. Concentration on agricultural exports
- C. Diversification of the economy
- D. Building of more schools and universities
- E. Introduction of nuclear energy in Nigeria
