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Economics 2018 JAMB Past Questions

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
11

The minimum number of share holders for joint stock companies is_______________

  • A. 4
  • B. 2
  • C. 7
  • D. 3
View Answer & Discuss (2) JAMB 2018
12

If a demand curve that intersects a perfectly inelastic supply curve shifts rightward, then____________

  • A. only the quantity will increase
  • B. The prices will remain constant
  • C. the equilibrium price and quantity will increase
  • D. only the price will increase
View Answer & Discuss (2) JAMB 2018
13

The basic economic problems of society include___________

  • A. scarcity, for whom to produce and where
  • B. what to produce, how and for whom
  • B. scarcity, when to produce and how
  • D. how to produce and sell
View Answer & Discuss JAMB 2018
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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14

In an open economy, the GNP is measured as_____________?

  • A. C + 1 + G(X-M)
  • B. C + 1 + G
  • C. C + 1 + G + X
  • D. C + 1 + G + M
View Answer & Discuss JAMB 2018
15

In a developing economy, productivity is measured by the____________

  • A. output - labour ratio
  • B. capital - output ratio
  • C. output growth rate
  • D. Output per capital
View Answer & Discuss (3) JAMB 2018
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208