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

Economics Questions

Question 731:

Given the present state of the Nigerian economy, which of the following measures will promote a more rapid economic development?

Question 732:

An improvement in Nigeria's terms of trade should

A Lead to a fall in cost of her imports in terms of what she must sacrifice to obtain them
B Make made in Nigeria goods cheaper to buy
C Increase Nigeria's domestic output of commodities
D Lead to an increase in her exchange rates
E Lead to an increase in Nigeria's exports of petroleum

Question 733:

If a person demands money for buying and selling securities. It is referred as demanding money for

Question 734:

One of the advantages of large - scale production is that

A There is a rise in the cost of administration
B Consumers sacrifice their individual tastes
C The firm can use labour - saving machinery
D The demand for a firm's products become localized
E Decision making takes a long time because different levels of management are involved

Question 735:

A rightward shift in the production possibility frontier may be due to