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Thursday, 02 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 31:
JAMB 1998
If a country's national income increased from N1000 billion over a period of 2 years, what was the average annual rate of growth of national income over the period?
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  • A 5%
  • B 15%
  • C 20%
  • D 100%
View Answer & Explanation
Question 32:
JAMB 1998
A fall in the marginal propensity to save will lead to?
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  • A A decrease in national income
  • B An increase in national income
  • C No change in national income
  • D An increase in disposable income
View Answer & Explanation
Question 33:
JAMB 1998
The major objective of economic growth is to?
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  • A Redistribute income and other benefits of growth
  • B Equalize opportunities for education and employment
  • C Increase the aggregate expenditure on goods and services
  • D Increase real per capital income
View Answer & Explanation
Question 34:
JAMB 1998
Which of the following is a transfer payment?
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  • A Dividend to a shareholder
  • B Gift to a mothers less babies' home
  • C Salary to a worker
  • D Rent to a landlord
View Answer & Explanation
Question 35:
JAMB 1998
The family Support Programme in Nigeria essentially focuses on?
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  • A The generation of employment
  • B The alleviation of poverty
  • C Agricultural and industrial development
  • D Economic emancipation of women
View Answer & Explanation

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