Economics Past Questions and Answers

Describe any five problems of distribution in Nigeria.

(a) Define population census.
(b) State the implications of
(i) optimum population.
(ii) over- population.

With the aid of a diagram, explain the super-normal profit of a monopolist.

What is money? Why do people prefer to hold money?

Explain any five reasons why a joint stock company is preferable to a one-man business.