Question 741:

• JAMB 1985

An economic problem exists whenever

A. There is scacity and choice
B. There are no buyers for our goods
C. There are too many sellers
D. Many people are out of work
E. All raw materials are imported

Question 742:

• JAMB 1985

The meaning of scale of preference is?

A. Preparing a list of goods and services to be purchased in order of priority
B. Showing the monthly income
C. Budget preparation without due regard to proper proirities
D. Consumers' preference for luxury goods
E. Consumers preference for foreugn goods

Question 743:

• JAMB 1985

Optimum population is desirable because it enables an economy to obtain maximum?

A. Per capita income
B. Per capital output
C. Per capita real income
D. Per capital revenue
E. Growth rate

Question 744:

• JAMB 1985

The age distribution of a population is NOT influenced by?

A. Brith rates
B. Death rates
C. Patterns of immigration
D. Patterns of emmigration
E. School leaving age

Question 745:

• JAMB 1985

One theory of population contends that population tends to increase much faster than the supply of food, and that if the growth in population is not checked , it will be checked by natural forces like misery disasters and food shortages. This theory was propounded by?

A. Prof. Paul Samuelson
B. Adam Smith
C. David Ricardo
D. Rev. Thomas Malthus
E. Prof. Ojetuuji Aboyade