Economic Growth And Development - Economics Jamb Past Questions and Answers

Question 6 :

• JAMB 2016

Development plans fail in Nigeria mainly because of

A. Corruption and political instability
B. Over-dependence on foreign aid
C. High cost of plan implementation
D. Shortage of personnel

Question 7 :

• JAMB 2014

Given a base year and the price index of 175% the following year, which of the following year will arise?

A. The cost of living decreases of that year
B. The cost of living remains unchanged
C. The value of money rises by 75%
D. The value of money falls by 75%

Question 8 :

• JAMB 2014

A major obstacle to the development of Nigeria economy is

A. Low capital formation
B. Rural-urban migration
C. Over dependence on oil
D. Poor developmental policies

Question 9 :

• JAMB 1978

In order to build up its capital stock, the typical less developed country should ideally

A. Increase total saving
B. Depend on hand-out from foreigners
C. Impose tariff on import
D. Nationalise all foreign concern
E. None of the above

Question 10 :

• JAMB 1980

Which of the following is the standard concept for measuring and analyzing population growth?

A. The rate of natural increase
B. The net migrate
C. The rate of population increase
D. The fertility rate
E. All of the above