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Friday, 24 April 2026
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Economics Past Questions and Answers

Economics Questions

Question 236:
JAMB 2016
In Nigeria, most agricultural policies are aimed at______?
SchoolNGR Classroom
  • A Ensuring equitable distribution of income
  • B Liberalizing all sectors of the nation's economy
  • C Encouraging the development of manufacturing sector
  • D Achieving self-sufficiency in food production
View Answer & Explanation
Question 237:
JAMB 2016
One major problem encountered by ECOWAS is_______?
SchoolNGR Classroom
  • A Conflict of interest among members
  • B Increasing population
  • C Weakness in the trade relationship
  • D Language barrier
View Answer & Explanation
Question 238:
JAMB 2016
One of the characteristics of private enterprises is ______?
SchoolNGR Classroom
  • A Provision of welfare to the citizens
  • B That tax payers bear all the risks
  • C Public ownership of shares
  • D Individual funding of business activities
View Answer & Explanation
Question 239:
JAMB 2016
The concept of marginal utility indicates the relationship between utility and _________?
SchoolNGR Classroom
  • A Price
  • B Satisfaction
  • C Cost
  • D Revenue
View Answer & Explanation
Question 240:
JAMB 2016
In Nigeria, unemployment can be minimized through______?
SchoolNGR Classroom
  • A Diversification of the economy
  • B Strict immigration law
  • C Paying unemployment benefits
  • D Restrictive fiscal policy
View Answer & Explanation

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