Jamb Economics Past Questions
Question 2271
The natural growth rate of a population is the
- A. sum of the birth rate and the death rate
- B. sum of the birth rate and the net migrate rate
- C. birth rate minus death rate
- D. birth rate divided by the net migration
- E. death rate minus the net imgration
Question 2272
Which of the following items is NOT an argument for locating industries in rural areas?
- A. Rural areas supply agricultural raw material
- B. The pace of development will be quickened in rural areas
- C. Employment will be provided for rural inhabitants
- D. Capital is easily available in rural areas
- E. Suitable humid climate is sometimes found in rural areas
Question 2273
A downward sloping demand curve intersect a fixed supply curve, A shift of this demand curve to the right implies that?
- A. both price and quantity will increased
- B. only price increases
- C. only quantity increases
- D. the price remains constant
- E. the price falls
Question 2274
Which of the following is NOT include in measuring national income by the income approach?
- A. Wages and salaries of public servant
- B. student grants and scholarship
- C. Profit of companies
- D. income earned by self employed persons such as lawyers
- E. Rents on property
Question 2275
Marginal cost curve intersects average cost curve ?
- A. from above at its lowest point
- B. from below before the lowest point
- C. from below at its lowest point
- D. from below after the lowest point
- E. at zero point
