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2019 - JAMB Economics Past Questions and Answers - page 8

71

One of these is not a problem of agriculture___________

A
provision of employment
B
lack of preservation and storage facilities
C
land tenure system
D
poor transportation systems
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72

The business risks of a public corporation are borne ultimately________

A
by the government
B
by the treasury
C
by the rate payers
D
by the tax payers
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73

Poverty simply refers to the low level of________

A
planning
B
per capita income
C
rich people
D
labour face
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74

The oil boom between 1970 - 1980 caused the oil sector to become____________

A
the main source of government
B
management of spillage and pollution
C
protection to the local operators in the petroleum industry
D
decrease in the rate of inflation
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75

When a member's currency is declared "scarce", it is the duty of the IMF to______

A
suspend the member state indefinitely
B
ban all exports from that state
C
suspend dealings in that currency for one year
D
ration it among the countries demanding it
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