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Wednesday, 08 April 2026
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Economics Past Questions and Answers

Economics Questions

Question 836:
35 1986
The difference between the Gross Domestic Product and the Gross National Product is?
SchoolNGR Classroom
  • A Allowance for total depreciation
  • B Total interest payments
  • C Total tax and interest payments
  • D Net income from aboard
View Answer & Explanation
Question 837:
35 1986
Which of the following strategies will provide more employment opportunities for Nigerians?
SchoolNGR Classroom
  • A Investment in social services
  • B Industrialization
  • C Economics planning
  • D Eradication of illiteracy
View Answer & Explanation
Question 838:
35 1987
A production possibility curve shows?
SchoolNGR Classroom
  • A How much of the resources of society are used to produce a particular commodity
  • B The rate of inflation
  • C The rate of unemployment in the economy
  • D The various combinations of two commodities that can be produced
View Answer & Explanation
Question 839:
35 1987
A production possibility curve shows?
SchoolNGR Classroom
  • A How much of the resources of society are used to produce a particular commodity
  • B The rate of inflation
  • C The rate of unemployment in the economy
  • D The various combinations of two commodities that can be produced
View Answer & Explanation
Question 840:
35 1987
The study of economic behavior of individual decision-making units (consumers, resources owners and business firms) in a free-enterprise economy is known as?
SchoolNGR Classroom
  • A Microeconomics
  • B Macroeconomics
  • C Production
  • D Indifference curve
View Answer & Explanation

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