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Economics Past Questions and Answers

Jamb Economics Questions

Question 6:
The labour force of a country is determined by the
  • A Age structure of the population
  • B Geographical distribution of the population
  • C Sex distribution of the population
  • D Number of people available for work
View Answer & Explanation
Question 7:
What is the percentage contribution of services to the national income?
  • A 15%
  • B 10%
  • C 54%
  • D 24%
View Answer & Explanation
Question 8:
If the national income is 60m, the contribution of the manufacturing sector is
  • A 18m
  • B 17m
  • C 12m
  • D 9m
View Answer & Explanation
Question 9:
A combination of factors responsible for a shift from DoDo to D1D1 are
  • A Consumers income and change in technology
  • B Price of the commodity and weather conditions
  • C Consumers income and population size
  • D Consumers taste and change in price
View Answer & Explanation
Question 10:
An accurate census figure is an important tool for planners in
  • A Providing employment
  • B Siting industries
  • C Providing social amenities
  • D Allocating resources
View Answer & Explanation