Economics Past Questions For JAMB/WAEC/NECO Students V13; These Economics questions are for students who are sitting for the following examinations:
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- NABTEB GCE
Economics Past Questions For JAMB/WAEC/NECO Students V13
#1. Industry can simply be defined as
#2. The reward of a debenture holder of a public company is a fixed rate of
#3. The downward sloping of the Average Revenue curve of the monopolist indicates that he
#4. Which of the following hard currencies is usually used in the pricing of oil at the world market particularly by the Organization of Petroleum Exporting Countries (OPEC)?
#5. A legal tender is any
#6. Wages are to some extent determine by the
#7. which of these does not encourage industrial development?
#8. The money paid per hour or week for work done is known as
#9. The grouping of a population into males and females is known as the
#10. which of the following is the most important reason why wages differ among occupations?
#11. one of the argument against he presence of middlemen in the distribution chain is that they
#12. Which of the following is the normal channel by which the commodities reach the final consumer?
#13. the movement of a worker from one grade to another within the same industry is a form of mobility of labour which is
#14. a person who buys in bulk and sells in bit is a
#15. which of the following is not correct?
#16. which of the following factor is not important in deciding the location of an industry?
#17. The clearing house of all commercial banks in Nigeria is the
#18. One of the advantages of Sole Proprietor is that
#19. which of the following does not hinder the efficient of distribution of goods in West Africa?
#20. which of the following categories of people do not gain during inflation?
#21. Mobility of labour is not affected by
#22. Given that fixed cost is N500.00, variable cost N1,500.00 and output is 50 units, what will be the average cost of producing one unit?
#23. Which of the following is regarded as fixed cost?
#24. A firm is said to be a Public Joint-Stock Company when it
#25. Data presented in table are usually arranged in
#26. which of the following is not a function of money?
#27. Which of the following is not appropriate in calculating national income figures?
#28. What is the correct term for this group of exports : tractor, televisions, components, drugs and cars?
#29. the indicator of the value of money in the market is the
#30. The greatest disadvantages f barter system is the need for
#31. An inflation in which the price rises steadily at an average rate of about 2% per annum is best described as
#32. In Economics market is define as
#33. money supply at any given point in time refers to as
#34. all the following are source of finance to a Joint Stock Company except
#35. Scarcity in Economics means that resources
#36. A table which shows the price of a commodity and the quantity of it that is demanded per unit time is a
#37. The difference between gross national product and net national product is equal to?
#38. The value of the total output produced within Nigeria by all residents (citizens and non-citizens) is referred to as the?
#39. If C stands for consumption expenditure, I for investment, X for exports, and M for imports, then national income is?
#40. A sustained increase in the per capita income of a country over a period of time is called?
#41. The primary goal of development planning in Nigeria is to?
#42. By using exchange controls, a country tries to eliminate a balance of payments deficit by?
#43. The law of comparative advantage states that a country should specialize in the production of a commodity
#44. International and inter-regional trade differ primarily because?
#45. Optimum population is the population level at which?
#46. The group of people engaged in banking or insurance services by occupational distributions are classified as?
#47. The three groups of government revenue are?
#48. The main objectives of public expenditure does NOT include?
#49. A perfect example of a public good is?
#50. A balance budget is defined as a condition of?
Finish