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Economics Past Questions

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3451
Given a consumption function C = 10 + 0.6Y, determine the value of C if Y is 20
  • A. 36.60
  • B. 22.00
  • C. 30.60
  • D. 26.00
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3452
A partnership sourcing for funds to expand its business would approach _______
  • A. a central bank
  • B. a money market
  • C. an insurance
  • D. a stock exchange
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3453
Opportunity cost helps the government to:
  • A. Distribute money to citizens
  • B. support better production
  • C. remove competition
  • D. prepare budget
View Answer & Discuss (1) JAMB 2017
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
3454
Which of the following is NOT a source of government revenue?
  • A. Grants, aids and borrowing
  • B. Taxes, fees, licenses and fines
  • C. Interest, dividends, profits and earnings
  • D. personal income, disposable income and transfer earnings
View Answer & Discuss JAMB 2017
3455
Which of these is a type of partnership in business?
  • A. Limited partnership
  • B. limited liability company
  • C. private partnership
  • D. joint stock partnership
View Answer & Discuss JAMB 2017
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Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709