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3416

Which of the following is an indicator of economic growth?

  • A. High tax rate
  • B. Technology development
  • C. High gross domestic product
  • D. High interest rate
View Answer & Discuss (3) JAMB 2017
3417
The graph above represents _______
  • A. a decrease in quantity supplied
  • B. an increase in supply
  • C. a decrease in supply
  • D. an increase in quantity supplied
View Answer & Discuss JAMB 2017
3418
The law of diminishing marginal utility states:
  • A. The supply curve slopes downward
  • B. Your utility grows at a slower and slower rate as you consume more and more unit of a good.
  • C. The elasticity of demand is infinite
  • D. None of the above
View Answer & Discuss (1) JAMB 2017
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3419

Which of the following is not a function of the money market?

  • A. Provision of finance
  • B. enhance loan savings
  • C. creation of long term loans
  • D. Provision of finance
View Answer & Discuss (2) JAMB 2017
3420
The population theory that is concerned with the cases of over population and shortage of food production is ______
  • A. population density
  • B. Malthusian population theory
  • C. national population theory
  • D. demographical transition theory
View Answer & Discuss JAMB 2017
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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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