Indicators of growth and development - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2018

Poverty simply refers to the low level of________

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

Question 2:

• JAMB 2018

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:

• JAMB 2019

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:

• JAMB 2017

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

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

Question 5:

• JAMB 2017

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