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Economics 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
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2726

The deflationary gap is defined by

  • A. X
  • B. K
  • C. X + K
  • D. X - K
View Answer & Discuss JAMB 2011
2727

What does X represent?

  • A. recessionary gap
  • B. GNP gap
  • C. inflationary gap
  • D. deflationary gap
View Answer & Discuss JAMB 2011
2728

The percentage contribution of Agricultural sector is

  • A. 67.5
  • B. 40.0
  • C. 32.4
  • D. 25.0
View Answer & Discuss (1) JAMB 2012
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2729

If the GDP is N60 billion, what is the difference between the contributions of oil and manufacturing sectors?

  • A. N11.7 billion
  • B. N13.3 billion
  • C. N21.7 billion
  • D. N26.6 billion
View Answer & Discuss (2) JAMB 2012
2730

From the above, calculate the price elasticity of demand

  • A. 5.0
  • B. 2.0
  • C. 1.0
  • D. 0.5
View Answer & Discuss (15) JAMB 2012
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