Public Finance - Jamb Economics Past Questions and Answers

Question 91:

• JAMB 1997

The greatest proportion of government revenue in Nigeria comes from?

A. Export of raw materials
B. Income taxes on individuals and business
C. Custom duties and excise duties
D. Loans and grants from industrially advanced countries

Question 92:

• JAMB 1997

One of the factors which is likely to check the growth of public debts is?

A. Bridging the resources gap
B. Debt reputation
C. Debts rescheduling
D. Debt-equility swap

Question 93:

• JAMB 1998

An increase in government expenditure will lead to?

A. Investment opportunities for foreign investors
B. An increase in the level of aggregate demand
C. An increase in total tax revenue
D. Reduction in total tax revenue

Question 94:

• JAMB 1998

When an indirect tax is levied on the producer of a good, the burden on the consumer will depend largely on the?

A. Elasticity of demand for the good
B. Proportion of the consumer's income spent on the good
C. Elasticities of demand and supply of the commodity
D. Availability of substitiutes for the commodity

Question 95:

• JAMB 1998

The family Support Programme in Nigeria essentially focuses on?

A. The generation of employment
B. The alleviation of poverty
C. Agricultural and industrial development
D. Economic emancipation of women