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Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ECONOMICS

JAMB 2000 - Question 49

Economics 2000 JAMB Past Questions - Question 49: If the United Kingdom buys gold for £60 an ounce and Nigeria buys the same ounce for N500, what will be United Kingdoms exchange rate with Nigeria?

Choose the most appropriate option for the gap .

If the United Kingdom buys gold for £60 an ounce and Nigeria buys the same ounce for N500, what will be United Kingdoms exchange rate with Nigeria?

A: pound;0.05=N1.00

B: pound;0.06 = N1.00

C: pound;0.11= N1.00

D: pound;0.12= N1.00

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ECONOMICS

Economics 2000 JAMB Past Questions - Question 49: If the United Kingdom buys gold for £60 an ounce and Nigeria buys the same ounce for N500, what will be United Kingdoms exchange rate with Nigeria?

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Correct Answer

Explanation