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JAMB Economics 2011 Question 46

Question 46

Population

Optimum population enables an economy to attain the highest level of

  1. A.industrial development
  2. B.income per head
  3. C.revenue generation
  4. D.economic development.
Show the answer and explanation

Answer: B (income per head)

Explanation

Optimum population is the size at which, with the available resources, income per head is highest.