Economics Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
1521

Census can be classified as

  • A. defacto and dejure
  • B. increasing and decreasing
  • C. over and under
  • D. optimum
View Discussion (0)JAMB 2015
1522

(a) Explain the methods of measuring the national income of a country

(b) State any three problems associated with measuring national income.

View Discussion (0)WAEC 1996 THEORY
1523

During a sale by auction, the price at which the goods finally sold is determined mostly by

  • A. competition between buyers and sellers
  • B. competition among buyers
  • C. competition among sellers
  • D. government policy
View Discussion (0)WAEC 2008 OBJ
1524

Outline the difficulties encountered by tax collectors in Nigeria.

View Discussion (0)WAEC 1990 THEORY
1525

The use of modern weaving machines in the production of local fabric will result in

  • A. an increase in the demand for labour
  • B. a decrease in the demand for labour
  • C. an increase in wages
  • D. a decrease in wages
View Discussion (0)JAMB 2008
1526

Use the diagram below to answer this question. Points E6 and E5 are respectively equilibrium points for

  • A. Do and So; Do and S2
  • B. D1 and S2; D2 and So
  • C. D2 and S1; D2 and S2
  • D. D2 and So; Do and S2
View Discussion (0)JAMB 1999
1527

One feature of the average fixed cost is that it

  • A. falls continuously but is never equal to zero.
  • B. is U-shaped and intersects the Y-axis
  • C. rises and falls faster than the marginal cost
  • D. is always higher than the average variable cost
View Discussion (0)WAEC 2020 OBJ
1528

The demand for torch and batteries is an example of

  • A. competitive demand
  • B. composite demand
  • C. complementary demand
  • D. derived demand
View Discussion (0)WAEC 2016 OBJ
1529

Which of the following will encourage capital intensive farming

  • A. encouraging communal system of land ownership
  • B. adopting policies that will encourage rural-urban migration
  • C. provision of subsidies on equipment
  • D. Restrictive lending policies by banks
View Discussion (0)WAEC 2016 OBJ
1530

Identify one of the following which can NOT be used to close deflationary gap

  • A. Increased interest rate
  • B. Increased money supply
  • C. Increase government expenditure
  • D. Reduction in taxes
View Discussion (0)JAMB 2023