Jamb Economics 1990 Past Questions and Answers

Question 36:

• JAMB 1990

Which of the following is likely to hinder labour mobility in Nigeria?

A. Higher wages elsewhere
B. Cultural similarities
C. Good accommodation elsewhere
D. Ignorance of job opportunities elsewhere

Question 37:

• JAMB 1990

If birth rate is constant and death rate declines, population?

A. Falls
B. Expands
C. Stabilizes
D. Oscilates

Question 38:

• JAMB 1990

If the government invest the sum of N1,000,000.00 and the marginal propensity to consume is 0.75, what is the change in income?

A. N1,000 000.00
B. N4,000 000.00
C. N6,000 000.00
D. N14,000,000.00

Question 39:

• JAMB 1990

The system of measurement of national income as the sum of all final demands is called?

A. Income approach
B. Expenditure approach
C. Value-added
D. Final demands approach

Question 40:

• JAMB 1990

Disposable income is an income which?

A. Is available for consumption and savings
B. Pensioners receive from the government
C. Is payable to the disable members of the community
D. Accures to the environmental sanitation authorites for refuse disposal