Economic Growth and Development - Jamb Economics Past Questions and Answers

Question 41:

• JAMB 1999

Economic development may be defined as economic growth?

A. In a given country
B. Over a long period
C. And improved health facilities
D. And improved distribution of wealth

Question 42:

• JAMB 2001

Economic growth can be accelerated through?

A. Balancing of savings and consumption
B. Postponement of current consumption
C. Planned current consumption
D. Increased current consumption

Question 43:

• JAMB 2001

In order to accelerate economic development, a country must?

A. Stimulate her population growth rate
B. Pursue a high population growth rate
C. Pursue a rational population policy
D. Pursue an incremental population policy

Question 44:

• JAMB 2002

Some of the key indicators of underdevelopment in a country are?

A. Poverty, high level of literacy and low income
B. Poverty, low level of literacy and low income
C. Low level of illiteracy, low income and poverty
D. Poverty, low incoe and low unemployment level

Question 45:

• JAMB 2002

One of the major criticisms of the 1992-1968 National development Plan was that?

A. It failed to incorporate lessons gained from earlier plans to enhance its efficiency
B. It came too quickly after the country's indepedence
C. Planned expenditure was based too heavily on expected earnings from crude oil
D. Its execution was based largely on foreign sourced financial resources