Economics Past Questions For JAMB/WAEC/NECO Students V19; These Economics questions are for students who are sitting for the following examinations:
- JAMB
- Post-UTME / Post-JAMB
- WAEC
- NECO
- WAEC GCE
- NECO GCE
- NABTEB
- NABTEB GCE
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Economics Past Questions V19 (JAMB/WAEC/NECO)
Results
#1. Where is the headquarter of the African Development Bank (ADB) located?
#2. International trade takes place because of difference in
#3. Balance of trade can be define as
#4. Which of the following is not a feature of a perfect market
#5. Which of the following is the source of raising funds for a public limited liability company in West Africa?
#6. Which of the following is not an objective of the Indigenisaton policy in Nigeria? To
#7. Where was oil first discovered in commercial quantities in Nigeria?
#8. The real value of money is
#9. A tax whose rate increases as income increases is
#10. Which of the following best describes the multiplier?
#11. Net National Product (NNP) is equal to the
#12. Terms of trade simply means the price
#13. Which of the following constitute the major components of money supply in a development economy?
#14. A point along a consumer’s indifference curve shows
#15. If a monopolist is attempting to maximize profit , which of the following should he attempt to do?
#16. The greatest foreign exchange earner for Nigeria before the advent of petroleum was
#17. A budget is define as a
#18. Which of the following does not require the use of information from census?
#19. Which of the following is not a function of an insurance company?
#20. Malthus observed in his theory that population was growing
#21. At optimum population level, a country has its
#22. Which of the following does not give a characteristics of money
#23. Under the socialist economy , the decision on what to produce is determined by the
#24. Credit creation by banks is limited by
#25. Which of the following explains marginal cost?
#26. The effect of an increase in price on the demand for a commodity with elastic demand will be
#27. In perfect competition , the marginal cost curve intersects the average cost curve
#28. which of the following economic system is in operation in Nigeria?
#29. Giffen commodities are those commodities
#30. Effective demand in economics means
#31. Government can influence aggregate demand through all the following measures except
#32. The term production in Economics means
#33. The decision on what to produce is a problem in
#34. The law of demand states that
#35. which of the following is an important limiting factor in the application of division of labour?
#36. Which of the following does not encourage the location of industries?
#37. All the under listed factors directly affects the supply of a commodity except
#38. Economics is a social science which studies how
#39. Scarcity in economics means
#40. Given that TC = TFC + TVC and TR = AR x Q, profit is equal to
#41. The demand made on each other by the agriculture and industrial sector as the economy grows are reflected in?
#42. Foreign exchange rate in a free market economy is determined by?
#43. The primary objective of all international economic organizations is to?
#44. One method through which the Central Bank can restrict the commercial banks’ power of credit expansion is to?
#45. Which of the following is the cheapest for the government in improving the welfare of its citizens?
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