NECO offline past questions - All questions, answers & explanations in one app 25712
Join your school's WhatsApp group

Economics 2022 JAMB Past Questions

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

Join your school's WhatsApp group
NECO offline past questions - All questions, answers & explanations in one app 25712
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
66

Demand-pull inflation is likely to be caused by

  • A. an increase in the cost of factor inputs
  • B. increase in the income tax rate
  • C. increase in bank lending rate
  • D. increasingly large budget deficit
View Answer & Discuss JAMB 2022
67

Holding money to take care of contingencies is

  • A. a speculative motive
  • B. a transactions motive
  • C. a precautionary motive
  • D. an expansionary motive
View Answer & Discuss JAMB 2022
68

If a housewife has meat and wants tomatoes, she must find someone who has tomatoes to give and wants meat. This concept is described as

  • A. scale of preference
  • B. opportunity cost
  • C. complementary demand
  • D. double coincidence of wants
View Answer & Discuss JAMB 2022
Join your school's WhatsApp group
NECO offline past questions - All questions, answers & explanations in one app 25712
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
69

The stock exchange is an example of the

  • A. labour market
  • B. money market
  • C. commodity market
  • D. capital market
View Answer & Discuss (1) JAMB 2022
70

What happens when the central bank increases the bank rate in an economy

  • A. borrowing is discouraged
  • B. customers increase their borrowing
  • C. banks can increase their lending
  • D. money supply increases
View Answer & Discuss JAMB 2022
Start a Free Practice Test
 
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts