Economics Past Questions For JAMB, WAEC, NECO & Post UTME, With Answers, And Explanations - Economics

Economics Questions

Question 696:

An aging population refers to the preponderance of?

Question 697:

Which of the following is NOT a determinant of the size economically active population?

Question 698:

The population level that yields the maximum output when combined with available resources is known as

Question 699:

If X and Y are two goods, then the cross elasticity of demand for X WITH RESPECT TO y is defined as the?

A Percentage change in the quantity of X divded by the percentage change in the price of Y
B Percentage change in the quantity of X divided by change in the price of Y
C Change in the quantity of X divided by change in the price of Y
D Percentage change in the quantity of X divided by the price Y
E Percentage change in the price of X divided by percentage change in the quantity of Y

Question 700:

For two substitution goods, the cross elastic of demand is?