Jamb Economics 1984 Past Questions and Answers

Question 6:

• JAMB 1984

In discussing the reasons why wages differ between occupations, which of the following should be regarded as a cardinal point that needs to be emphasized?

A. Length and cost of training
B. Demand and supply
C. Attractiveness of the job
D. Influence of the trade union
E. Government intervention

Question 7:

• JAMB 1984

The advantages that accrue to a firm as the size of the firm increases are known as

A. External diseconomies
B. Internal returns to scale
C. Internal economies
D. Internal diseconomies
E. Constant returns to scale

Question 8:

• JAMB 1984

Which Of the following is NOT an obstacle to economic development?

A. Low level of investment
B. Lack of modern technology
C. High rate of population growth
D. Low productivity
E. Dedicated leadership

Question 9:

• 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 10:

• 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