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Economics 2002 JAMB Past Questions

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46
In the pie chart below, the percentage for children is equivalent to
  • A. 288 o
  • B. 720 o
  • C. 90 o
  • D. 144 o
View Answer & Discuss JAMB 2002
47
In the diagram above, what is the excess demand at the price of N60
  • A. 200
  • B. 300
  • C. 600
  • D. 100
View Answer & Discuss (6) JAMB 2002
48
In the diagrams, the opportunity cost of a unit of cotton in terms of cocoa is
  • A. 4 for Ghana; 2 for Nigeria
  • B. 20 for Ghana; 60 for Nigeria
  • C. 1/4 for Ghana; 1/2 for Nigeria
  • D. 5 for Ghana; 30 for Nigeria
View Answer & Discuss JAMB 2002
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49
If goods P and Q are purchased by a consumer, a fall in the price P with the price Q unchanged will cause the budget line to
  • A. shift parallel inwards
  • B. rotate outwards away from the origin
  • C. rotate inwards towards the origin.
  • D. shift parallel outwards
View Answer & Discuss (1) JAMB 2002
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