Question 836:

• JAMB 1986

The difference between the Gross Domestic Product and the Gross National Product is?

A. Allowance for total depreciation
B. Total interest payments
C. Total tax and interest payments
D. Net income from aboard

Question 837:

• JAMB 1986

Which of the following strategies will provide more employment opportunities for Nigerians?

A. Investment in social services
B. Industrialization
C. Economics planning
D. Eradication of illiteracy

Question 838:

• JAMB 1987

A production possibility curve shows?

A. How much of the resources of society are used to produce a particular commodity
B. The rate of inflation
C. The rate of unemployment in the economy
D. The various combinations of two commodities that can be produced

Question 839:

• JAMB 1987

A production possibility curve shows?

A. How much of the resources of society are used to produce a particular commodity
B. The rate of inflation
C. The rate of unemployment in the economy
D. The various combinations of two commodities that can be produced

Question 840:

• JAMB 1987

The study of economic behavior of individual decision-making units (consumers, resources owners and business firms) in a free-enterprise economy is known as?

A. Microeconomics
B. Macroeconomics
C. Production
D. Indifference curve