WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent

Economics 2008 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 Agent
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
16

The characteristic of entry and exit ensures that firms

  • A. earn excess profit
  • B. earn normal profit
  • C. break-even
  • D. expand their operations
View Answer & Discuss (2) JAMB 2008
17
Which of the following producer is closest to being a monopolist?
  • A. A baker
  • B. A wheat farmer
  • C. A large chain store
  • D. An automobile plant
View Answer & Discuss JAMB 2008
18

The output approach to measuring national income is based on the computation of

  • A. final output
  • B. factor cost
  • C. value added
  • D. profits earned
View Answer & Discuss (2) JAMB 2008
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
Your School's Whatsapp Group - Join Us now
19

An example of injection into the circular flow of income is

  • A. taxes
  • B. pensions
  • C. imports
  • D. exports
View Answer & Discuss JAMB 2008
20
The theoretical relationship between money supply and prices is weakened by changes in the
  • A. money supply
  • B. general price level
  • C. velocity of money
  • D. interest rate
View Answer & Discuss (1) JAMB 2008
Start a Free Practice Test
 
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
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now