[ 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
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 2004

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

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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
31
One of the causes of the present high rate of inflation in Nigeria is
  • A. increasing budget surplus
  • B. increasing factor costs
  • C. exchange rate appreciation
  • D. high capacity utilization
View Answer & Discuss (4) JAMB 2004
32
The final stage in the production process of any commodity involves its movement from the
  • A. retailer to the wholesaler
  • B. producer to the wholesaler
  • C. retailer to the consumer
  • D. wholesaler to the retailer
View Answer & Discuss JAMB 2004
33
A change in demand for a normal good means
  • A. a shift in the demand curve
  • B. a change in the price changes
  • C. a movement along a given demand curve
  • D. a change in the price elasticity
View Answer & Discuss JAMB 2004
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
34
In order to increase revenue, the seller of a commodity whose demand is fairly elastic is advised to
  • A. increase price
  • B. reduce output
  • C. reduce price
  • D. retain price
View Answer & Discuss JAMB 2004
35
In any set of data, median represents the
  • A. value that is most representative of the data
  • B. mid-position when the values are arranged in ascending or descending order
  • C. mid-position when the values are arranged randomly
  • D. difference between the highest and the lowest values when arranged in ascending order
View Answer & Discuss JAMB 2004
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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