[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
  1. Home
  2. Classroom
  3. Economics

Economics Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
621
The Gross Domestic Product is defined as the total value of?
  • A. all final goods and services produced in a country during the year
  • B. all assets of a country in a particular year
  • C. exports net of total value of imports
  • D. all receipts
View Answer & Discuss JAMB 1991
622
In the national income and product accounts, double counting is avoided if?
  • A. only final goods counted
  • B. only intermediate goods are counted
  • C. only intermediate and final goods are counted
  • D. the value of all goods and services are added together
View Answer & Discuss JAMB 1991
623
If W stands for wages/salaries, P for profit, R for interest and Z for rent on land real estate, then national income is?
  • A. W -P - R - Z
  • B. W + P + Z - R
  • C. P - R - Z + W
  • D. W + P + R + Z
View Answer & Discuss (1) JAMB 1991
WAEC and NECO CBT Software for Computers and Laptops - 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
624
A major obstacle to economic development is?
  • A. a rise in industrial output
  • B. low farm productivity
  • C. free trade
  • D. ineffective trade unions
View Answer & Discuss (1) JAMB 1991
625
Which of the following situations can give rise to economic problems?
  • A. Unlimited human wants
  • B. Wants of varying important
  • C. Limited means available for satisfying wants
  • D. Means used in different ways
View Answer & Discuss (3) JAMB 1992
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent