Jamb Economics Past Questions For Year 2020
Question 26
In recent times, agriculture in Nigeria tends to lose its vital labour force as a result of?
- A. lack of an effective agricultural policy
- B. employment opportunities in the agricultural sector
- C. rural-urban drift
- D. low prices of agricultural products
Question 27
The factor of production that has the highest degree of mobility is?
- A. land
- B. labour
- C. capital
- D. entrepreneur
Question 28
Crude petroleum is a good example of a
- A. lasting asset
- B. wasting asset
- C. synthetic product
- D. costless resources
Question 29
One of the techniques of monetary control used by the central bank of Nigeria is
- A. selective credit control
- B. budget deficit
- C. foreign exchange control
- D. monitoring the general price level
Question 30
The Economic Commission for Africa was set up by the?
- A. UNO
- B. ECOWAS
- C. OAU
- D. IMF
