Economics Past Questions For JAMB/WAEC/NECO Students V22; 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
Economics Past Questions V22 (JAMB/WAEC/NECO)
#1. West African economy can best be described as
#2. The reward for capital is
#3. Infant industries are industries that
#4. The most common form of business enterprise in West Africa is the
#5. in order to boost agriculture, West African countries should pay more attention to
#6. Gross National Product (GNP) less depreciation is known as
#7. balance of trade is define as the relationship between
#8. which of the following combination of qualities ensures a good tax system?
#9. The quantity demanded of a commodity is influenced only by changes
#10. which of the following is an indirect tax
#11. When a pen and a book is demanded together, the demand is said to be
#12. The population which yields the highest level of income per head is known as
#13. Price discrimination can only occur when there is
#14. Commodity market can best be described as a market in which
#15. Provision of services is classified under
#16. In ordinary partnership, the risks are
#17. The creation of utility can be referred to as
#18. Government revenue will increase if tax is imposed on a good whose demand is
#19. Occupational distribution of population is mainly influenced by
#20. proportional tax refers to
#21. which of the following is not n item of capital expenditure?
#22. The situation where by a government spends more than its budgets for a fiscal year is known as
#23. In a socialist economy, factors of production are owned and controlled by the
#24. One quality of money which makes it possible to be carried easily is its
#25. A form of tax in which the poor pay a higher rate than the rich is known as
#26. The reduction in the value of a country's currency of other nations is known as
#27. In a perfect market price and quantity to be bought are determined by the
#28. When price elasticity of supply is equal to 0.4, supply is said to be
#29. In the money market , money can only be borrowed for
#30. Deflation can be controlled by increase in
#31. Mortgage banks give loan to investors on long term basis to
#32. The marginal revenue curve of a monopolist is
#33. when all factor inputs are doubled , the production possibly curve will
#34. income elasticity of demand is measurement of the responsiveness of
#35. The establishment of industries in rural areas will help to reduce
#36. Government imposes taxes mainly to
#37. In long run, all factors inputs are
#38. The benefits that result from concentrating similar firms in an area is referred to as
#39. Per capita income in any West African country is measured by
#40. A priority rating of aggregate individuals wants is called
#41. Profits can be calculated by
#42. The system whereby goods are exchanged for goods is known as
#43. The graph of the function X = a + bY is
#44. Productivity , per worker, is best measured by
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