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JAMB/Economics/1997
<p><strong>One of the fundamental differences between a capitalist and a socialist economy is that while __________</strong></p>
A. The former is characterized by complete government ownership of resources, the latter is characterized by complete private ownership B. In the former, prices act as signal in the application of resources, it is the central authority that performs this function in the latter C. Taxes are levied in a capitalist economy, there is no taxation in a socialist economy D. Income and wealth are equally distributed in the socialist economy, this is not so in a capitalist economy
[B] In the former, prices act as signal in the application of resources, it is the central authority that performs this function in the latter

JAMB/Economics/1997
<p><strong>With a given level of money income, a consumer maximizes satisfaction from the consumption of goods and services when the ____________</strong></p>
A. Total utility derived from each good or service is increasing at an increasing rate B. Marginal utility derived from each good or service is increasing at the same rate C. Marginal utility derived per naira spent is the same for all the goods and services D. Total utility derived from all the goods and services is large
[C] Marginal utility derived per naira spent is the same for all the goods and services

WAEC/Christian religious studies/2004
<p><strong>During the first missionary journey, Paul was stoned at&nbsp;</strong></p>
A. Lystra. B. Cyprus. C. Perga. D. Paphos
[A] Lystra.

WAEC/Biology/2009
<p><strong>The reason why hospitals use saline solutions as drip instead of water is&nbsp;</strong></p>
A. Because salt is a preservative B. To prevent contamination of the body C. To maintain the composition of body fluids D. To increase the number of blood cells
[C] To maintain the composition of body fluids

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NPA/English language/2002
Another less obvious but serious consequence of deforestation is
A. Drought B. Drought and decertification C. Less rainfall D. Soil erosion
[C] Less rainfall

NPA/English language/2002
He has come all the way from Lagos
A. Has he? B. Did he? C. Hasn't he? D. Isn't it
[C] Hasn't he?

NDA/Biology/2006
Carbon (1V) oxide and alcohol are end products of;
A. Aerobic respiration B. Anaerobic respiration C. Excretion D. Nutrition
[A] Aerobic respiration

NDA/Biology/2006
The porcupine uses one of the following for offence and defence;
A. Shell B. Spine C. Skeleton D. Claus
[B] Spine