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Jamb Economics Past QuestionsJamb Past Questions and Answers on Indicators of growth and developmentQuestion 11:The most common index used for measuring development is? A. The level of literacy B. Per capita income C. Nutritional levels D. Population growth rate Question 12:Which of the following combinations is a veritable set of development indicators? A. Growth of governemnt expenditure and imports B. Growth of population and national income C. High fertility, literacy and school enrolment rates D. Low infant mortality and high per capital income and literacy rates Question 13:Which of the following combinations is a veritable set of development indicators? A. Growth of governemnt expenditure and imports B. Growth of population and national income C. High fertility, literacy and school enrolment rates D. Low infant mortality and high per capital income and literacy rates Question 14:If an economy grows at an annual rate of 5% of which 3% is deemed to be due to improvement in the productivity of labour and capital combined the remaining 2% is generally attributed to? A. The size of population B. Technical progress C. The environment D. The amount of natural resources Question 15:Which of the following is mostly used to determine the cost of living? A. Marginal changes in prices B. Consumer price index C. Prices of imported and exported commodities D. Producer price index |
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