Search SchoolNGR

Wednesday, 22 April 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 116:
Efficiency of labour in a country is determined by the following except the____________
  • A Social attitude to work
  • B Education and training
  • C Total population
  • D Working conditions of workers
View Answer & Explanation
Question 117:
The study of Economics becomes necessary because of the______________
  • A Large population size of the world
  • B Scarcity of resources
  • C Opportunity cost of goods and services
  • D Need to satisfy every desire of man
View Answer & Explanation
Question 118:
The formula (index of export prices)/(index of import prices) x 100 is used to measure the____________
  • A Volume of trade between countries
  • B Direction of international trade
  • C Commodity terms of trade
  • D Volume of imports
View Answer & Explanation
Question 119:
<table class='tbn'><tbody><tr><td> X </td><td> 8 </td><td> 10 </td><td> 12 </td><td> 16 </td><td> 18 </td><td> 20 </td><td> 24 </td></tr><tr><td> F </td><td> 2 </td><td> 1 </td><td> 4 </td><td> 3 </td><td> 3 </td><td> 1 </td><td> 6 </td></tr></tbody></table> <br/><br/>From the table, Calculate the mean?
  • A 24.0
  • B 17.0
  • C 18
  • D 27.2
View Answer & Explanation
Question 120:
The number of people who are qualified to work and who offer themselves for employment is called____________?
  • A Migrant labour
  • B Working population
  • C Labor turnover
  • D Mobility of Labour
View Answer & Explanation