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Economics Past Questions and Answers

Jamb Economics Questions

Question 81:

Increasing national income without effective control of population size in a country can lead to

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A Higher per capita income
B Increase in poverty
C Increased outflow of aid
D Underutilization of resources

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Question 82:

An example of commodity money is

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A Currency note
B Mobile money
C Cheques
D Silver

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Question 83:

If inflation is anticipated, people may

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A Save more money
B Spend more money
C Give out more loans
D Spend less money

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