Jamb Economics Past Questions For Year 1990
Question 26
In the distribution channels for goods and services, the middleman's mark-up margin provides a rough measure for the ?
- A. quantity discounts allowed final consumer
- B. reward for business enterpreneurship
- C. effectiveness of government control over the economy's marketing channels
- D. extent of exploitation of the final consumer
Question 27
Which of the following is the major function of the wholesaler?
- A. Bulk breaking
- B. Provision of useful information to th manufacturer on products
- C. Provision of after-sales services to consumers
- D. Provision of warehouse facility
Question 28
Which of the following is likely to be inflationary?
- A. Tax increase
- B. increase in unemployment
- C. Budget surplus
- D. Wages increase
Question 29
If the same basket of goods which cost N12.00 in 1985 cost N15.00 in 1987, price index for 1987 is?
- A. 25
- B. 80
- C. 100
- D. 125
Question 30
Which of the following will be the effect of allowing only economic factors to dedicate the location of industries in Nigeria?
- A. A more even development of the different parts of the country will be assured
- B. There will be an unbalanced spread in the distribution of industries
- C. The less developed parts of the country will be able to attract more industries
- D. Only the government will be able to finance the establishment of industries
