WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now

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

Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
71

In order to increase revenue, government should tax commodities for which demand is

  • A. perfectly price inelastic
  • B. price inelastic
  • C. price elastic
  • D. unitary elastic
View Answer & Discuss JAMB 2022
72

The figure above shows change in demand for commodity x which is a normal good. Use it to answer the questions that follows

Which of the following caused the change in demand from D0 D0 to D2 D2?

  • A. Fall in income of consumer
  • B. Rise in the price of a substitute
  • C. Rise in the price of a complement
  • D. Fall in the supply of commodity x
View Answer & Discuss JAMB 2022
73

Which of the following activities will not lead to economic growth?

  • A. Massive importation of capital goods
  • B. Intensive capital formation
  • C. Use of modern technology
  • D. Massive importation of consumer goods
View Answer & Discuss JAMB 2022
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
74

Nation engage in external trade because of difference in

  • A. comparative cost
  • B. absolute cost
  • C. fixed cost
  • D. variable cost
View Answer & Discuss JAMB 2022
75

Which of the following forms of economic integration is a member nation free to impose duty against non-members

  • A. Customs union
  • B. free trade area
  • C. Common market
  • D. Economic community
View Answer & Discuss (1) JAMB 2022
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 Agent
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