Study and practice Economics past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
Create and set up a CBT environment with your preferred subjects.
Practice JAMB CBT with real UTME past questions in CBT format.
CB-WASSCE styled past question practice.
SSCE & GCE styled past question practice.
A benefit that is present in all forms of economic integration is that
Foreign investment and long term securities in the balance of payment accounts are recorded as
A consumer of a single commodity is in equilibrium when
Which of the following industries will add more value to primary products?
An example of transfer payments in national income accounting is
In perfectly elastic supply, the supply curve
Which of the following factors is not a cause of diminishing returns?
Gross National Product (GNP) less the provision for the wear and tear of assets is the
Scale of preference shows
The use of the bank rate, cash ratio and open market operations constitute
If the quantity demanded of a commodity increases from 20 units to 30 units when there is an increase in price from $4.00 to $5.00, the elasticity of demand is
Cooperative societies are formed mainly to
Which of the following factors is not a cause of change in demand? Changes in
A minimum price legislation is also called
The sufficient condition for a firm to be in equilibrium is that the
Which of the following cannot be classified as a natural resource?
One benefit a country can derive from the extraction of crude oil is increase in
An electrical engineer who is teaching physics in a secondary school is said to be
The International Bank for Reconstruction and Development(IBRD) performs the following functions except-------
The line labelled M in the diagram above represent