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JAMB Economics 2023 Objective — Question 11

Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2023 Objective paper, with the correct answer and a full explanation.

Interest is the reward of

Diagram for question 11

A. (A) CapitalCorrect
B. (B) Entrepreneur
C. (C) land
D. (D) card

Explanation

Interest is the reward paid to capital as a factor of production.

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