Real income
Factor payment
Factor input
National income
Correct answer is C
No explanation has been provided for this answer.
The effect of emigration on a country's population is
Decrease in the population
Decrease in job opportunities
Increase in population
Increase in dependency ratio
Correct answer is A
Emigration is the act of leaving one's own country to settle permanently in another. The effect on the emigrating country is a reduction in the population and labour force and an increase in the population of the new country of residence.
The amount, N4.08 million, shown as balance in the table represents
Terms of payments
Balance on current accounts
Balance of trade
Terms of trade
Correct answer is B
No explanation has been provided for this answer.
The quality of labour force in Nigeria can be improved by
Establishing more tertiary institutions
Creating sufficient job opportunities
Encouraging the study of science and technology
Establishing more skills acquisition centres
Correct answer is D
No explanation has been provided for this answer.
A major disadvantage of partnership business is
Difficulty in the transfer of shares
Distrust among members
Limited liability
Large capital outlay
Correct answer is B
Distrust among partners often stems from poor communication, leading to suspicion when none is warranted. This often lead to serious disagreement that may eventually end the partnership.
JAMB Subjects
Aptitude Tests