JAMB Economics Past Questions & Answers - Page 236

1,176.

Fixing the prices of agricultural products can be a problem because of the

A.

Activities of marketing boards

B.

Size of agricultural exports

C.

Instability of government policies

D.

Unpredictable output of farmers

Correct answer is D

No explanation has been provided for this answer.

1,177.

An important factor hindering the rapid development of the industrial sector in Nigeria is

A.

Rural-urban migration

B.

Excessive demand for finished products

C.

Inadequate infrastructural facilities

D.

The dominace of the oil sector

Correct answer is C

No explanation has been provided for this answer.

1,178.

A country is said to be overpopulated when

A.

The resocurce are more than enough to cater for the population

B.

The size of the population is greater than the annual budget

C.

The resources are inadequate to cater for the population

D.

There are too many able-bodied men and women in the country

Correct answer is C

No explanation has been provided for this answer.

1,179.

An adverse environmental impact of the petroleum industry on the economy is

A.

Communal riots

B.

The vandalization of oil equipment

C.

Oil spillage

D.

Community development

Correct answer is C

No explanation has been provided for this answer.

1,180.

Insurance companies invest mainly in instruments trade on the

A.

Capital market

B.

Money market

C.

Commodity market

D.

Open market

Correct answer is A

No explanation has been provided for this answer.