Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent

Economics 2021 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
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
16

Use the table below to answer the question below;

The international production set for Nigeria and Austria is;

Products Nigeria Austria
Cocoa 20 tonnes 12 tonnes
Lace 1o metres 8 metres

 

From the table, it can be deduced that_______

  • A. Nigeria should produce cocoa and lace
  • B. Nigeria can benefit from producing lace only
  • C. Austria should produce lace and Nigeria should produce cocoa
  • D. Austria should produce cocoa and lace
View Answer & Discuss (4) JAMB 2021
17

The PAYE ( Pay As You Earn) in Nigeria is an example of ______

  • A. Flat rate Tax
  • B. Community tax
  • C. Regressive tax
  • D. Progressive tax
View Answer & Discuss JAMB 2021
18

A good measure of the standard of living usually used for international comparison is_______

  • A. Per capita income (PCI)
  • B. Gross national product (GND)
  • C. Net national income (NNI)
  • D. Gross domestic product (GDP)
View Answer & Discuss JAMB 2021
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
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
19

What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?

  • A. Availability of labour in the area
  • B. Availability of power
  • C. Nearness of raw material
  • D. Access to transport facilities
View Answer & Discuss JAMB 2021
20

The Power Holding Company of Nigeria (PHCN) is a ________

  • A. Public limited company
  • B. Private authority
  • C. Public Corporation
  • D. Public Liability company
View Answer & Discuss (1) JAMB 2021
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - 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 Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent