Search SchoolNGR

Thursday, 02 July 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 3526:
In national income accounting, the term net is used to indicate that a value
  • A Includes income of foreigners
  • B Includes income of citizens
  • C Includes depreciation
  • D Excludes depreciation
View Answer & Explanation
Question 3527:
which of the following best describes token money?
  • A Money in the vaults of commercial banks
  • B Currency and coins in circulation
  • C Money with face value higher than its material content
  • D Coins and notes made of poor quality material
View Answer & Explanation
Question 3528:
In developing countries, a larger percentage of the labour force is employed in the
  • A Trade sector
  • B Tertiary sector
  • C Primary sector
  • D Secondary sector
View Answer & Explanation
Question 3529:
An industry is best described as
  • A Firm that sells a set of closely related commodities
  • B Industrial concern that is into production and selling of goods
  • C A factory that produces different lines of product
  • D A group of firms that sells a closely related set of products
View Answer & Explanation
Question 3530:
The main item traded on a stock exchange market is
  • A Treasury bills
  • B Travellers cheque
  • C Foreign currencies
  • D New shares
View Answer & Explanation