Economics Past Questions For JAMB/WAEC/NECO Students V23; 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 V23 (JAMB/WAEC/NECO)
Results
#1. West African countries have low level of economic development due to
#2. Which of the following countries is not a member of the Economic Community of West African States (ECOWAS)?
#3. The primary objectives of the Nigerian Industrial Development Banks(NIDB) is the provision of loans to
#4. Small enterprises finds it difficult to expand due to
#5. The Organization of Petroleum Exporting Countries (OPEC) is a
#6. One major export crop in West Africa is
#7. Balance of payment deficit implies that a country is
#8. foreign exchange control in most West African countries is is enforced by the
#9. Commercial banks settle their inter-bank indebtedness through Options
#10. which of the following banks grant credit facilities to individuals wishing to build houses?
#11. Unemployment that arises because of introduction of new machines and equipment in production is called
#12. Mono-product economies are those that produce
#13. The most unique quality of money is its
#14. Abstention from consumption which enables capital to be produced is called
#15. Which of the following will occur when the market is unstable?
#16. Shares and stocks can be bought in the
#17. Inflation can best be checked by
#18. A tax on a commoditywhose demand is perfectly inelastic will fall heavily on the
#19. The main feature of regressive taxation is that its rate
#20. Which of the following is an item of government recurrent expenditure?
#21. Deficit budget means that government’s
#22. An association of workers in a particular industry, firm or line of job is called
#23. Average Variable Cost (AVC) curve
#24. The income elasticity of a normal goods is
#25. The demand for a commodity that serves two or more purposes is
#26. The charging of different prices to different group of buyers for the same goods or services is called
#27. Hassan , an economic teacher in Lagos, resigned his appointment and took yup another job as a banker . The The concept here involves
#28. Net migration is the difference between
#29. The movement along the same curve is a
#30. An industry can best be described as
#31. which of the following is a function of the retailer
#32. The supply of labour can be influenced by the
#33. Majority of West African labour force is engaged in
#34. census of population is usually conducted every
#35. one economic implication of over-population is that it
#36. Dividing total variable cost by quantity of output gives
#37. Public enterprises are established mainly to
#38. One important feature of sole proprietorship is that
#39. The maximum amount of money a company is allowed to raise by issuing shares to the public is called
#40. The consumers co-operative society is owned by
#41. A collective data which has not been processed is referred to as
#42. Which of the following is a measure of central tendency
#43. The quantity supplied of a book per week is represented by the function: Qs + 70 + 1/2 P, At a price of N8.00, the quantity supplied is
#44. In production , the formula total product/number of men employed is used to calculate
#45. One of the internal economies of large scale production is
#46. Scarcity implies that
#47. economy problems arises mainly as a result of
#48. Basic extractive activities are classified as
#49. The entire satisfaction that a consumer derived from a successive consumption of a particular commodity is known as
#50. If the pass mark was 40. how many students passed the examination?
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