Search SchoolNGR

Wednesday, 08 July 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 2996:
The equilibrium level of output of a monopolist is determined at a point where
  • A Marginal cost equals average revenue
  • B Marginal cost equals acerage cost
  • C Marginal cost equals marginal revenue
  • D Marginal revenue equals average cost
View Answer & Explanation
Question 2997:
Which of the following is a legal tender in West Africa?
  • A Treasury Bill
  • B Share
  • C Credit card
  • D Currency
View Answer & Explanation
Question 2998:
The policy of government to increase the supply of money to meet its own expenditure plans is likely to be
  • A Speculative
  • B Deflationary
  • C Inflationary
  • D Contractionary
View Answer & Explanation
Question 2999:
The tendency for prices to rise while the value of money fall is known as
  • A Bills of exchange
  • B Inflation
  • C Depreciation
  • D Deflation
View Answer & Explanation
Question 3000:
One way to solve the economic problem of inflation in a country is by increasing the
  • A Supply of commodities
  • B Supply of currency
  • C Salaries of workers
  • D Demand for commodities
View Answer & Explanation