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Economics may be defined as?

Economics
JAMB 1981
Economics may be defined as?
  • A. the study of money and banking
  • B. the study of markets and prices
  • C. the study of production and distribution
  • D. the study of human behaviour in the allocation of scarce resources
  • E. the study of the employment of labour, land, and capital
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now