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Wednesday, 08 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 3031:
The satisfaction derived from the use of a commodity is its
  • A Demand
  • B Elasticity
  • C Wealth
  • D Utility
View Answer & Explanation
Question 3032:
The reward which accrues to labour for participating in production is
  • A Interest
  • B Wage
  • C Bonus
  • D Profit
View Answer & Explanation
Question 3033:
The Malthusian theory of population does not concern itself with
  • A Growth of food production in arithmetical progression
  • B Growth of population in geometric progression
  • C Positive check to population growth
  • D Development and growth of manpower
View Answer & Explanation
Question 3034:
one characteristics of labour is that it is
  • A Fixed in demand
  • B Fixed in supply
  • C Mobile
  • D Untrainable
View Answer & Explanation
Question 3035:
a country where labour is not sufficient to make proper use of natural resources is said to have an
  • A Active population
  • B Optimum population
  • C Over-population
  • D Under-population
View Answer & Explanation