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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.

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

143 questions
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Question 1 of 3 143 total questions
Question 71
jamb 2005
Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level of income?
AN380m
BN20m
CN180m
DN200m
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Question 72
jamb 2005
In the long run, the equilibrium point of a monoplistic firm is a point where the
Amarginal cost curve is tangential to the average fixed cost curve
Bdemand curve is tangential to the average variable cost curve
Csupply cuvre is tangential to the marginal cost curve
Ddemand curv is tangential to the average cost curve
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Question 73
jamb 2005
The regulatory authority of the capital market in Nigeria is the
ACentral Bank
BSecurities and Exchange Commission
CNigerian Deposit Insurance Corporation
DStock Exchange Market
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