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Thursday, 02 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 31:
In Nigeria, the huge public debt is as a result of
  • A Balanced budgeting
  • B Deficit budgeting
  • C Surplus budgeting
  • D Zero budgeting
View Answer & Explanation
Question 32:
A strategy for curbing unemployment is to
  • A Implement government stabilization policy
  • B Increase taxes and decrease government expenditure
  • C Increase government expenditure and decrease taxes
  • D Ensure even distribution of job opportunities
View Answer & Explanation
Question 33:
National development plans in Nigeria fail mainly because of
  • A Overdependence on foreign aids
  • B Inadequate funding of projects
  • C Poor implementation strategies
  • D Shortage of skilled manpower
View Answer & Explanation
Question 34:
The ultimate aim of agricultural policies in Nigeria is to achieve?
  • A Food sufficiency
  • B Industrialization
  • C Full employment
  • D Industrial capacity utilization
View Answer & Explanation
Question 35:
Government can boost agricultural output in Nigeria primarily by
  • A Embarking on buffer stock programmes
  • B Placing embargo on food importation
  • C Granting subsidies on farm inputs
  • D Placing farmers on monthly income
View Answer & Explanation