Question 636:

• JAMB 1982

What is the growth rate of GNP?

A. 18%
B. 10%
C. 6.7%
D. 0.5%
E. 4.1%3

Question 637:

• JAMB 1982

What is the growth rate of employment?

A. 18%
B. 10%
C. 6.7%
D. 5.7%
E. 4.1%

Question 638:

• JAMB 1983

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 639:

• JAMB 1983

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 640:

• JAMB 1983

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