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Thursday, 02 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 36:
Which of the following is likely to hinder labour mobility in Nigeria?
  • A Higher wages elsewhere
  • B Cultural similarities
  • C Good accommodation elsewhere
  • D Ignorance of job opportunities elsewhere
View Answer & Explanation
Question 37:
If birth rate is constant and death rate declines, population?
  • A Falls
  • B Expands
  • C Stabilizes
  • D Oscilates
View Answer & Explanation
Question 38:
If the government invest the sum of N1,000,000.00 and the marginal propensity to consume is 0.75, what is the change in income?
  • A N1,000 000.00
  • B N4,000 000.00
  • C N6,000 000.00
  • D N14,000,000.00
View Answer & Explanation
Question 39:
The system of measurement of national income as the sum of all final demands is called?
  • A Income approach
  • B Expenditure approach
  • C Value-added
  • D Final demands approach
View Answer & Explanation
Question 40:
Disposable income is an income which?
  • A Is available for consumption and savings
  • B Pensioners receive from the government
  • C Is payable to the disable members of the community
  • D Accures to the environmental sanitation authorites for refuse disposal
View Answer & Explanation