Question 796:

• JAMB 1986

If a person receives a higher wage than would be necessary to induce him to work, he is said to be receiving

A. Rent
B. Profit
C. Interest
D. Surtax income

Question 797:

• JAMB 1986

Mobility of labour is NOT affected by

A. Optimum size of population
B. Marriage and family
C. Regulation of trade unions
D. Period of training

Question 798:

• JAMB 1986

A country has a population distribution as shown below:
\(\begin{array}{c|c}
\text{Age Group years} & \text{ Corresponding percentage} \\
\text{Above 60} & 22 \\
15 - 60 & 60 \\
0 - 14 & 15 \\
\end{array}\)
The dependency ratio is?

A. 3:2
B. 1:3
C. 2:3
D. 1:5

Question 799:

• JAMB 1986

Population density refers to?

A. Densely populated urban centres
B. The total area divided by the total population
C. Densely populated rural areas
D. The total population divided by the total area

Question 800:

• JAMB 1986

What fundamentally determines how much a consumer spends in a producer's shop?

A. Individual's propensity to consume
B. Level of his taxation
C. Level of his income
D. Individual's taste or fashion