Question 696:

• JAMB 1984

An aging population refers to the preponderance of?

A. Middle-aged people in the population
B. Young people in the population
C. Women in the the population
D. Old men in the population
E. Old people in the population

Question 697:

• JAMB 1984

Which of the following is NOT a determinant of the size economically active population?

A. Age structure
B. Occupation of workers
C. Proportion of men to women
D. Average length of the working day
E. Efficiency of the labour force

Question 698:

• JAMB 1984

The population level that yields the maximum output when combined with available resources is known as

A. Dependent population
B. Maximum population
C. Active population
D. Productive population
E. Optimum population

Question 699:

• JAMB 1984

If X and Y are two goods, then the cross elasticity of demand for X WITH RESPECT TO y is defined as the?

A. Percentage change in the quantity of X divded by the percentage change in the price of Y
B. Percentage change in the quantity of X divided by change in the price of Y
C. Change in the quantity of X divided by change in the price of Y
D. Percentage change in the quantity of X divided by the price Y
E. Percentage change in the price of X divided by percentage change in the quantity of Y

Question 700:

• JAMB 1984

For two substitution goods, the cross elastic of demand is?

A. Greater than one but less than two
B. Zero
C. Negative
D. Positive
E. Infinity