Economics Past Questions And Answers

Note: You Can Select Post UTME Schools Name Below The Exam Year.
1951

The middlemen in the chain of distribution are?

  • A. manufacturers and consumers
  • B. wholesalers and retailers
  • C. consumers and wholesalers
  • D. retailers and consumers
View Discussion (0)JAMB 2002
1952

Investing heavily in the agricultural sector will lead to

  • A. sufficient food production
  • B. a vibrant commodity market
  • C. capital inflow
  • D. stable export prices
View Discussion (0)JAMB 2011
1953

which of the following is not emphasized in a production possibility curve

  • A. scarcity of resources
  • B. economic development
  • C. inefficiency in the use of resources
  • D. unemployment of labour
View Discussion (0)WAEC 2018 OBJ
1954

Money becomes a very poor store of value in a period of _______

  • A. Harvest
  • B. Deflation
  • C. Recession
  • D. Inflation
View Discussion (0)JAMB 2021
1955

A factor that influences the location of a firm near its market is the?

  • A. transportation of bulky raw materials
  • B. external economies
  • C. high cost of transporting finished goods
  • D. availability of skilled manpower
View Discussion (0)JAMB 1998
1956

One way of obtaining the median of a given data is to__________

  • A. Sum the value and divide by the number of items.
  • B. Arrange the data in ascending order and subtract each item from the mean.
  • C. Arrange the data in descending order and add each item to the least.
  • D. Arrange the data in either ascending or descending order and find what item divides the set in two equal parts.
View Discussion (0)WAEC 2021 OBJ
1957

which of the following can be described as land

  • A. forest
  • B. diamond
  • C. roads
  • D. crude oil
View Discussion (0)WAEC 2015 OBJ
1958

One of the techniques for rectifying a deficit balance of payment is?

  • A. import promotion
  • B. devaluation
  • C. physical intervention
  • D. borrowing from abroad
View Discussion (0)JAMB 1994
1959

if a state owned firm is sold through the stock market, the organisation becomes?

  • A. partnership
  • B. private company
  • C. public limited company
  • D. public corporation
View Discussion (0)WAEC 2017 OBJ
1960

(a) Differentiate between subsistence farming and commercial farming.

(b) State four features of subsistence farming.

(c) Outlines two positive and two negative effects of mining on the economy of West African countries

View Discussion (0)WAEC 2020 THEORY