Economics Past Questions and Answers

If two bags of rice were sold for N1,250 a mouth ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money is ____________

A Constant
B Decreasing
C Fluctuating
D Increasing
E Proportional

Question 162:

The following are the objectives of agricultural policies in Nigeria EXCEPT

A Provision of food
B Provision of agricultural raw materials to industrial sectors
C Increasing prices of agricultural Inputs
D Creation of rural employment

Question 163:

Stock exchange market deals with ____________

A Exchange of commodities
B Exchange of stock fish for stock
C Exchange of treasury bills
D Sales of foreign exchange
E Sales of second hand securities

Question 164:

Which of the following will NOT bring about an increase in Labour force?

A Better medical services
B Decrease in death rate
C Emigration
D Immigration
E Increase in birth rate

Question 165:

Range is NOT the best method of measuring dispersion because it considers only the ____________

A First number
B First two numbers
C Frequently occurred number
D Middle number
E Two extreme number