JAMB/Economics/1997
One of the fundamental differences between a capitalist and a socialist economy is that while __________
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
Ike's scale of preference reveals that he prefers bananas to pawpaw, pawpaw to oranges and oranges to bananas. Ike's preferences are therefore___________
A. Inconsistent B. Consistent C. Transitive D. Rational
[A] Inconsistent
WAEC/Christian religious studies/2004
"Whoever does not bear his own cross and come after me cannot be my disciple." Jesus illustrated this with the parable of the
A. Seed growing secretly. B. Reckoning of the cost building a house. C. Hidden treasure. D. Pearl of great price.
[B] Reckoning of the cost building a house.
WAEC/Biology/2009
An organism whose source of carbon is inorganic is likely to be a/an
A. Heterotrophic organism B. Autotrophic organism C. Symbiotic organism D. Parasitic organism
[B] Autotrophic organism
There's no available past question and answers. Post Past Questions & Earn
NPA/English language/2002
Who are those lacking tools or techniques and experienced to farm the lands?
A. The tribal people B. The pastoralists C. The Shamba farmers D. All of the above
[B] The pastoralists
NPA/English language/2002
The preacher gave a purely self denouncing speech
A. Sanctimonious B. Selfish C. Selfless D. Righteous
[A] Sanctimonious
NDA/Government/2003
The military rule in Nigeria did not:
A. Restructure Nigeria's economy B. Create more states C. Coerce Nations unity D. Coerce Nations unity Achieve colonial independence
[D] Coerce Nations unity Achieve colonial independence
NDA/Government/1997
The second tier foreign exchange market (SPEM) was established in
A. December, 1986 B. September, 1986 C. January, 1987 D. December, 1985
[A] December, 1986