Economics

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Past Questions

Question 1226
jamb 2007
a

mixed economy

b

subsistence economy

c

capitalist economy

d

socialist economy

Question 1227
jamb 2007
a

industrial establishments

b

labour unions

c

the government and labour unions

d

the central government

Question 1228
jamb 2007
a

estimate the mean from grouped data

b

calculate the standard deviation

c

determine the spread of a set of data

d

measure the difference between the mean and the mode

Question 1229
jamb 2007
a

there is an increase in quantity demanded

b

inflation has taken place

c

demand has exceeded supply

d

there is an increase in demand

Question 1230
jamb 2007
a

perfectly inelastic supply curve

b

perfectly elastic supply curve

c

fairly elastic supply curve

d

fairly inelastic supply curve

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