JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!

Economics Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
Myschool's prices for products & services are going up again in February - Buy what you need now
4626

An example of government's recurrent expenditure is

  • A. electrification projects in rural areas
  • B. the cost of building a school
  • C. purchase of new vehicles
  • D. paying salaries of workers
View Answer & Discuss WAEC 2023
4627

A fall in the price of a normal commodity which has elastic demand will result in

  • A. a fall in demand
  • B. a fall in quantity demanded
  • C. an increase in revenue
  • D. a decrease in revenue
View Answer & Discuss (1) WAEC 2023
4628

The dependency ratio of a country is the

  • A. the children and aged who rely on the active population for support
  • B. people who are cared for by their extended families
  • C. total active population who depend on government for survival
  • D. number of children who depend on their parents for survival
View Answer & Discuss WAEC 2023
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
Myschool's prices for products & services are going up again in February - Buy what you need now
4629

When the demand for a commodity increases while supply remains unchanged, the equilibrium price and quantity will

  • A. increase
  • B. remain constant
  • C. decrease
  • D. turn negative
View Answer & Discuss WAEC 2023
4630

Consumers have access to a variety of goods through the activities of the

  • A. retailers
  • B. advertising agencies
  • C. mass media
  • D. wholesalers
View Answer & Discuss WAEC 2023
Start a Free Practice Test
 
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
Myschool's prices for products & services are going up again in February - Buy what you need now