Search SchoolNGR

Tuesday, 23 June 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 4551:
If workers at the school canteen cannot sell during the holidays, this is example of
  • A Structural unemployment
  • B Frictional unemployment
  • C Seasonal unemployment
  • D Residual unemployment
View Answer & Explanation
Question 4552:
Positive check as envisaged by Thomas Malthus can be prevented if
  • A Death rate is reduced
  • B Moral restraint abolished
  • C More hospitals are built
  • D There is natural calamities
View Answer & Explanation
Question 4553:
Which of the following factors is not a reason for farmers' unstable incomes?
  • A Dependence on too many crops
  • B Poor storage facilities
  • C Adverse weather conditions
  • D Recession in the world economy
View Answer & Explanation
Question 4554:
Local firms can help in reducing unemployment in a country when
  • A Land acquisition becomes centralized
  • B Imports of substitutes are reduced
  • C Waste in the firm is eliminated
  • D Subsidies to firms are decreased
View Answer & Explanation
Question 4555:
The largest component of national income in developing countries consist of
  • A Profit
  • B Profit and rent
  • C Rent
  • D Wages and salaries
View Answer & Explanation