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Economics 2023 JAMB Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO offline past questions - All questions, answers & explanations in one app 25712
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21

..................... is the highest body in ECOWAS organogram

  • A. Authority of Head of State and Government
  • B. The Executive Secretariat
  • C. The Defense Council
  • D. Council of Ministers
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22

Government uses all of the following ways to redistribute income, except

  • A. Market intervention
  • B. Transfer earnings
  • C. Limited liability
  • D. Taxation
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23

The principle that specified that the amount, when and how to pay tax should be made known to tax payer is known as

  • A. Principle of economy
  • B. Principle of convenience
  • C. Principle of simplicity
  • D. Principle of certainty
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NECO offline past questions - All questions, answers & explanations in one app 25712
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24

Money could be defined as

  • A. Options A, B and C
  • B. Medium of exchange
  • C. Settlement of debt
  • D. Medium of payment
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25

Business cycle is associated with

  • A. Recession
  • B. Unemployment
  • C. Seasonal variation
  • D. Inflation
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