Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent

Economics 2004 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
WAEC and NECO CBT App for Mobile Devices - 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
21
Fiscal policy is the government's plan to control aggregate demand by manipulating
  • A. the demand and supply of money
  • B. revenue and expenditure
  • C. tastes and preferences of consumers
  • D. the structure of production and employment
View Answer & Discuss (1) JAMB 2004
22
A country is said to have absolute advantage when she
  • A. has a higher opportunity cost in the production of a good
  • B. can sell to other countries without buying from them
  • C. can produce more of any good with fewer resources
  • D. has a lower opportunity cost in the production of good
View Answer & Discuss JAMB 2004
23

The European Union was formed to

  • A. promote free trade within member nations
  • B. promote economic integration in non-member countries
  • C. assist countries to achieve their economic goals
  • D. finance development projects in member nations
View Answer & Discuss (1) JAMB 2004
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
24
When the importation of a commodity is limited to a definite quantity, the trade control means used is known as
  • A. exchange control
  • B. tax relief
  • C. devaluation
  • D. quotas
View Answer & Discuss JAMB 2004
25

If budget deficits are financed by borrowing, the crowing-out effect can be offset by an increase in

  • A. government expenditure
  • B. savings
  • C. interest rates
  • D. exchange rates
View Answer & Discuss (5) JAMB 2004
Start a Free Practice Test
 
Post UTME Past Questions Agent
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 - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts