[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 1991

Economics 1991 JAMB Past Questions

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

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
Your School's Whatsapp Group - Join Us now
21
One disadvantage of trade by barter is that?
  • A. people are happier when they exchange the same quantities of goods through the medium of money rather than by barter
  • B. the person wishing to buy good X may not have good Y which is what the other wants
  • C. one person must always be cheated when trade takes place by barter
  • D. it increases the intial cost of producing goods
View Answer & Discuss JAMB 1991
22
One of the functions of Development Banks is to
  • A. mint money for the development of the economy
  • B. provide short-term loans to commercial banks
  • C. provide medium and long-term finance for the development of the banking system
  • D. provide medium and long-term finance for the development of the economy
View Answer & Discuss JAMB 1991
23
To perform its function as a store of wealth and standard for deferred payment, money must be
  • A. portable
  • B. in attractive form
  • C. stable in value
  • D. spent more on capital goods than on consumer goods
View Answer & Discuss JAMB 1991
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
24
Fiduciary issue is that part of?
  • A. the issue of notes backed entirely by gold
  • B. a country's currency which is not negotiable
  • C. the issue of notes not backed by gold
  • D. a country's currency officially issued
View Answer & Discuss JAMB 1991
25
An effect of inflation is that it?
  • A. discourages trade by barter
  • B. favours debtors at the expense of creditors
  • C. increases the real income of salary earners
  • D. increases the value of a country's exports
View Answer & Discuss JAMB 1991
Start a Free Practice Test
 
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now