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Economics Past Questions

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.

83 questions JAMB 2540 WAEC 1723 NECO 272 CUSTOM 10
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Past Questions

83 questions
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Question 1 of 3 83 total questions
Question 41
jamb 2023
When demand exceeds supply at the current price, there is
Aequilibrium
Bexcess demand
Csurplus
Dexcess supply
Question 42
jamb 2023
Which is a central problem of economics?
Awhere to travel
Bhow to cook
Cwhen to earn
Dwhat to produce
Question 43
jamb 2023
Economics is the study of the allocation of scarce resources to satisfy
Alimited wants
Bunlimited wants
Cforeign demands
Dgovernment needs
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