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Economics 2017 JAMB Past Questions

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11

Which of the following is not a function of the money market?

  • A. Provision of finance
  • B. enhance loan savings
  • C. creation of long term loans
  • D. Provision of finance
View Answer & Discuss (2) JAMB 2017
12
The population theory that is concerned with the cases of over population and shortage of food production is ______
  • A. population density
  • B. Malthusian population theory
  • C. national population theory
  • D. demographical transition theory
View Answer & Discuss JAMB 2017
13
The basic aim of Economic Community of West African States is the
  • A. discouragement of trade among member states
  • B. encouragement of revolts against former colonial masters
  • C. establishment of its headquarters in each members state
  • D. liberalization of trade among member states
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14
The production within domestic territory of a country is called the _____
  • A. net national product
  • B. gross domestic product
  • C. net income
  • D. disposable income
View Answer & Discuss JAMB 2017
15
Excess supply over demand will place a price advantage on _____
  • A. government
  • B. foreign investors
  • C. suppliers
  • D. consumers
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