Portada JAMB Economics Past Questions 2010 | Free Practice Test & Answers
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JAMB Economics Past Questions 2010 | Free Practice Test & Answers

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JAMB Economics Past Questions 2010 | Free Practice Test & AnswersSin descripción disponible.

Question 41

A disadvantage of Nigeria's dependence on imported petroleum products is the

A)

instability in the demand for the products

B)

dominance of multinational firms

C)

instability in the supply of the product

D)

poor maintenance of the refineries

How to solve?

Question 42

The maximum number of shareholders for a limited liability company's is

A)

twenty

B)

five

C)

seven

D)

infinite

How to solve?

Question 43

The primary motive for an individual engaging in production is to

A)

make profit

B)

satisfy basic human wants

C)

redistribute wealth

D)

put inputs into use

How to solve?

Question 44

What is the population growth rate in 2003?

Year Population (000) Working Population (000)
2000 25 13
2001 30 19
2002 40 32
2003 50 49
A)

33.3%

B)

20.0%

C)

11.0%

D)

50%

How to solve?

Question 45

The percentage of working population in 2002 is?

Year Population (000) Working Population (000)
2000 25 13
2001 30 19
2002 40 32
2003 50 49
A)

50%

B)

25%

C)

8%

D)

80%

How to solve?

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