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.
Inflation can be curbed by _______
Which of these is not a cause of high population growth in Nigeria?
An economic problem arises when________
If the price of a commodity falls and the quantity purchased does not rise, the commodity can be described as________
In a free market economy. the rationing of scarce goods is done principally by_______
The value of money depends primarily on _________
Division of Labour is limited by the________
In Nigeria, cheques are not money because________
Money becomes a very poor store of value in a period of _______
Economics may be defined as ________
Surplus in balance of payments leads to ________
When a nation's exports are greater than its imports,_________
Inflation is likely to benefit_______
Which of the following is NOT a character of perfect competition?
The Power Holding Company of Nigeria (PHCN) is a ________
What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?
A good measure of the standard of living usually used for international comparison is_______
The PAYE ( Pay As You Earn) in Nigeria is an example of ______
Use the table below to answer the question below;
The international production set for Nigeria and Austria is;
| Products | Nigeria | Austria |
| Cocoa | 20 tonnes | 12 tonnes |
| Lace | 1o metres | 8 metres |
From the table, it can be deduced that_______
Use the table below to answer the question below;
The international production set for Nigeria and Austria is;
| Products | Nigeria | Austria |
| Cocoa | 20 tonnes | 12 tonnes |
| Lace | 1o metres | 8 metres |
The Opportunity cost ratio tor cocoa and lace Tor Austria and Nigeria is_______