Economics 2017 JAMB Past Questions - Myschool

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Economics 2017 JAMB Past Questions

NECO offline past questions - All questions, answers & explanations in one app 25712

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

36

Cost - push inflation occurs when_______

A. production cost is high
B. government embarks on deficits financing
C. factors decrease
D. there is too much in circulation

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37

The basic principle of cooperative societies is to ________

A. maintain the integrity of their members
B. protect the interest and pursue the welfare of members
C. ensure better working conditions for members
D. provide voluntary services to the members

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38

From the table above, the average product of the 3rd unit of labour is

A. 50
B. 70
C. 350
D. 150

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39

Which of the following institutions does not operate in the money market?

A. central bank
B. mortgage banks
C. money deposit banks
D. insurance companies

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40

Other products gotten from Petroleum include the following EXCEPT:

A. Rubber
B. fuel
C. paints
D. insecticides

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