Jamb Economics Past Questions For Year 2005
Question 41
A discount house is a market where
- A. various bills are exchanged
- B. short-term and medium-term loans are obtained
- C. shares are bought and sold
- D. short-term loans are obtained
Question 42
Agricultural backward-linkage effect means the establishment of
- A. subsidiary industries to increase the number of industries
- B. main industries to increase output
- C. industries to reduce imports
- D. subsidiary industries to feed the main industry
Question 43
If the death rate of a country is 52% and the growth rate is 12%, what is the birth rate of the county
- A. 48%
- B. 64%
- C. 40%
- D. 52%
Question 44
Localization of industries in Nigeria is mainly influenced by
- A. market size
- B. population groupings
- C. raw materials
- D. external economies
Question 45
During a conflict between management and workers, the union's bargaing power is based on
- A. work-to-rule
- B. negotiation
- C. picketing
- D. management decision
