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Economics 2018 JAMB Past Questions

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1

The privatization of public enterprises will lead to the efficient management of resources in the economy. This statement can best be described as_____________

  • A. deductive reasoning
  • B. positive reasoning
  • C. normative reasoning
  • D. inductive reasoning
View Answer & Discuss (3) JAMB 2018
2

The type of business finance that entitles the holder to a fixed rate of dividend is______________--

  • A. bank load
  • B. debenture
  • C. preferred stock
  • D. semi-fixed
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3

In the long run, all production factors are____________

  • A. variable
  • B. fixed
  • C. semi-variable
  • D. semi-fixed
View Answer & Discuss (1) JAMB 2018
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4

Commercial bank reserves at the Central Bank____________

  • A. advancing trade, prospects
  • B. controlling credit and money supply
  • C. reducing bank frauds
  • D. discouraging banking operations
View Answer & Discuss (4) JAMB 2018
5

If the standard deviation of a given data is 8.2, find its variance_______________

  • A. 82.0
  • B. 91.8
  • C. 67.2
  • D. 4.1
View Answer & Discuss (4) JAMB 2018
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