WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics 2020 JAMB Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Your School's Whatsapp Group - Join Us now
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
16

The law of diminishing marginal utility indicates that if a consumer increases his consumption of a commodity continously

  • A. total utility must fall
  • B. marginal utility must fall
  • C. marginal utility may rise
  • D. marginal utility may fall even though his total utility may be rising
View Answer & Discuss JAMB 2020
17

Which of the following rewards is associated with entrepreneurship

  • A. salaries
  • B. profits
  • C. interest
  • D. rent
View Answer & Discuss JAMB 2020
18

Which of the following is likely to be inflationary

  • A. taxes increase
  • B. increase in unemployment
  • C. budget surplus
  • D. wages increase
View Answer & Discuss JAMB 2020
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
19

The relationship between the tax rate and income which is relevant to progressive tax is shown by?

  • A. curve X
  • B. curve Y
  • C. curve Z
  • D. curve X and Z
View Answer & Discuss JAMB 2020
20

The relationship between tax rate and income which is relevant to a proportional tax is depicted by?

  • A. curve Z and Y
  • B. curve X
  • C. curve Z
  • D. curve Y
View Answer & Discuss (4) JAMB 2020
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now