[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 2001

Economics 2001 JAMB 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
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
6
Economics is regarded as a social science because it?
  • A. adopts the scientific method in production
  • B. is an agent of socialization
  • C. adopts the scientific method in the study of human behaviour
  • D. adopts the scientific method with social problems
View Answer & Discuss JAMB 2001
7
A change in supply is best described as a?
  • A. movement along the supply curve
  • B. shift of the supply curve to the left or to the right
  • C. shift of the supply curve to the left
  • D. shift of the supply curve to the left
View Answer & Discuss JAMB 2001
8

When a generalization is made based on observed facts, it is known as?

  • A. deductive reasoning
  • B. inductive reasoning
  • C. theoretical reasoning
  • D. normative reasoning
View Answer & Discuss (4) JAMB 2001
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
9
A major problem facing all economies is how to?
  • A. increase consumption of imported goods
  • B. improve trade among nations
  • C. transform from a developing to a developed economy
  • D. allocate scarce resources
View Answer & Discuss JAMB 2001
10
A vertical supply curve indicates that?
  • A. the quantity supplied is responsive to price
  • B. the same fixed quantity will be supplied no matter the price
  • C. an increase in price will result in an increase in the quantity supplied
  • D. there is a fixed price for the commodity below which no supply will be made
View Answer & Discuss (1) JAMB 2001
Start a Free Practice Test
 
Post UTME Past Questions Agent
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now