Economics Past Questions and Answers

(a) Define population census.<br/>(b) State the implications of<br/>(i) optimum population.<br/>(ii) over- population. <br/>

With the aid of a diagram, explain the super-normal profit of a monopolist. <br/>

What is money? Why do people prefer to hold money? <br/>

Explain any five reasons why a joint stock company is preferable to a one-man business.

State any three positive and any two negative effects of petroleum industry on the economy of Nigeria.