Question 431:

• JAMB 1978

Which of these would NOT increase population of a country

A. Increase in death rate
B. Decrease in birth rate
C. Emigration
D. Migration
E. Better medical facilities

Question 432:

• JAMB 1978

The optimum population of a country is reached when

A. All factor of production have been fully employed
B. The productive effort per man is at its highest with a given volume of resources
C. The total population of a country increases
D. The natural resources of a country increases
E. The working population of a country increases

Question 433:

• JAMB 1978

In economics, production is complete when

A. Goods are produced in the factory
B. Goods are sold to the wholesalers
C. Goods and services are produced by the government
D. Prices are fixed for goods and services
E. Goods and services finally reach the consumer

Question 434:

• JAMB 1978

A rational consumer will adjust his spending pattern so that

A. He buys only the one item that gives him most total satisfaction
B. The marginal utility he gets from the last unit of item is the same
C. The marginal utility he gets from the last naira spent on each item is the same
D. The total utility he gets from each item is the same
E. The total amount of money he spends on each item is the same

Question 435:

• JAMB 1978

Bondholders are treated more favorably than shareholders because

A. They are not liable for the companies losses
B. They greater voice in the electing board of the directors
C. They control the management
D. They have a prior claim on the companies assets
E. None of the above