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Economics Past Questions and Answers

Post Utme Economics Questions

Question 216:

Who among the following can be regarded as the fore-father of Economics?

SchoolNGR Classroom

A Max Muller
B Adam Smith
C Karl Marx
D Robert Malthus

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Question 217:

Nigeria operates ____________

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A Socialist economy
B Capitalist economy
C Fundamentalist economy
D Mixed economy

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Question 218:

An economy which does not have any relation with the rest of the world is known as____________

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A Mixed economy
B Open economy
C Closed economy
D Socialist economy

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Question 219:

Malthusian theory of population explored the relationship between____________

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A Optimum growth and resources
B Population growth and development
C Food supply and technology
D Food supply and population

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Question 220:

Which of the following is not a dimension of human development index?

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A Social status
B Knowledge
C Life expectancy
D Standard of living

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