1993 - JAMB Economics Past Questions and Answers - page 5
41
The international Bank for Reconstruction and Development is important to developing countries because it?
A
gives loans to member countries for legal proceedings
B
offers grants and aid for defence
C
offers loans to member countries for socio-economics activities
D
offers grants and aid to finance luxury projects
correct option: c
Users' Answers & Comments42
A
N16.00
B
N18.00
C
20.00
D
24.00
correct option: b
Users' Answers & Comments43
A
6.00
B
12.00
C
14.00
D
18.00
correct option: b
Users' Answers & Comments44
A
\(\frac{RP}{TP}\)
B
\(\frac{TP}{RP}\)
C
\(\frac{RT}{RP}\)
D
\(\frac{RT}{TP}\)
correct option: b
Users' Answers & Comments45
A
Pd
B
P2
C
P3
D
P4
correct option: b
Users' Answers & Comments46
A
a rise in the demand for the commodity
B
a fluctuation in the demand for the commodity
C
a fall in the demand for the commodity
D
an equilibrrium in the demand for the commodity
correct option: a
Users' Answers & Comments47
A
N58m
B
N54m
C
N50m
D
N46m
correct option: d
Users' Answers & Comments48
A
frictional unemployment
B
Cyclical unemployment
C
Circular unemployment
D
Underemployment
correct option: b
Users' Answers & Comments49
A
Production indicator
B
Maximum production curve
C
Production possibility curve
D
Total output curve
correct option: c
Users' Answers & Comments50
A
80
B
40
C
20
D
O
correct option: d
Users' Answers & Comments