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Thursday, 02 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 41:
JAMB 1990
in equilibrium, injections are equal to?
SchoolNGR Classroom
  • A Withdrawals
  • B Surplus of imports over exports
  • C Government spending
  • D Wages
View Answer & Explanation
Question 42:
JAMB 1990
Social overhead capital refers to?
SchoolNGR Classroom
  • A Balanced growth
  • B Gross investment
  • C The building of infrastructures
  • D Capital formation
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Question 43:
JAMB 1990
The most common index used for measuring development is?
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  • A The level of literacy
  • B Per capita income
  • C Nutritional levels
  • D Population growth rate
View Answer & Explanation
Question 44:
JAMB 1990
Agriculture is central to Nigeria''s economic development because?
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  • A Nigeria''s comparative advantage lies mainly in agro-allied industries
  • B Agriculture is the largest employer of labour
  • C Agriculture accounts for an insignificant domestic product
  • D Nigeria earns limitless foreign exchange from agriculture
View Answer & Explanation
Question 45:
JAMB 1990
The flow labelled Y refers to
SchoolNGR Classroom
  • A Real income
  • B Factor payment
  • C Factor input
  • D National income
View Answer & Explanation

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