Welcome to Schoolngr.com

Search SchoolNGR

Saturday, 11 April 2026
Register . Login

Economics Past Questions and Answers

Jamb Economics Questions

Question 21:
JAMB 2015
The curve labeled III illustrate a system of taxation
SchoolNGR Classroom
  • A Regressive tax
  • B Progressive tax
  • C Value added tax
  • D Proportional tax
View Answer & Explanation
Question 22:
JAMB 2015
What would be likely to increase inflation in any economy?
SchoolNGR Classroom
  • A Increase in demand
  • B Reduce public spending
  • C Control excessive import
  • D Increase in direct tax
View Answer & Explanation
Question 23:
JAMB 2015
The income of an individual increases from N150 to N250 and his consumption rate increases from N100 to N150. Calculate the Marginal Propensity to Consume
SchoolNGR Classroom
  • A 2
  • B 0.4
  • C 1
  • D 0.5
View Answer & Explanation
Question 24:
JAMB 2015
The term of trade can be expressed as
SchoolNGR Classroom
  • A (Price index of export à· Price index of export)à— 100
  • B (price index of import ÷ price index of export) × 100
  • C (Price index of export à· Price index of import)à— 100
  • D (Price index of export à· Price index of import)à— 100
View Answer & Explanation
Question 25:
JAMB 2015
The study of broad economic aggregates is
SchoolNGR Classroom
  • A Macro economics
  • B Deductive method of economic analysis
  • C Micro economics
  • D Inductive method of economics analysis
View Answer & Explanation

Stay Updated

Follow us on:


Subjects