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The current stage of the economy is depicted in curve I. The movement of curve...

Economics
JAMB 2018

The current stage of the economy is depicted in curve I. The movement of curve I to II suggests___________

  • A. an Improvement in capital goods technology but not In consumer goods technology
  • B. a movement from unemployment to full employment
  • C. that the output for the society has declined
  • D. a gain in consumer goods technique and not in capital goods technique
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group