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Economic Growth And Development - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Economic Growth And Development
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Economics Jamb Past Questions


Questions and Answers on Economic Growth and Development

Question 1 :



Poverty simply refers to the low level of________

A. Planning
B. Per capita income
C. Rich people
D. Labour face


Question 2 :



The most reliable and acceptable index of economic growth is the__________

A. Wholesale Price Index
B. Consumer Price Index
C. National Income
D. Retailer's Price Index


Question 3 :



In a developing economy, productivity is measured by the____________

A. Output - labour ratio
B. Capital - output ratio
C. Output growth rate
D. Output per capital


Question 4 :



Which of the following is not an indicator of economic growth?

A. CPI
B. PPI
C. GDP
D. High Level of Unemployment


Question 5 :



Which of the following is an indicator of economic growth?

A. High tax rate
B. Technology development
C. High gross domestic product
D. High interest rate






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