FUTA Post UTME Economics Past Questions

Ulearngo is an independent study app. It is not affiliated with, endorsed by, or representing Federal University of Technology Akure (FUTA). Always confirm official exam, admission, registration, syllabus, timetable, and result information from FUTA official portal.

FUTA official portal

In order to raise more revenue for a certain period, government should impose higher taxes on goods whose demand is

The money which government spends yearly for the maintenance of its schools is

One of the techniques for rectifying a deficit balance of payment is

The primary objective of all international economic organizations is to

Under a freely floating exchange-rate system, the market foreign exchange rate is determined by

The money market is a financial market that specializes in the provision of

To reduce the high rate of inflation in the economy, Government should

The total money in circulation includes cash

Use the following production and cost data of a profit-maximizing firm to answerUnit of total inputTotal outputTFCTVC0010001310010028100124316100172420100190522100200At what level of input have diminishing marginal retur…

The output on which total revenue equals total cost is known as

Total fixed cost measures the cost of

The Law of diminishing returns begins to operate when

Which of the following best describes the production function?

Assume an upward-sloping supply curve and unchanged supply. If demand increases, what happens to the equilibrium price and quantity?

A commodity is said to have a derived demand when the commodity

Macroeconomics is the study of economic science from the point of view of

Economic goods are termed scarce goods when they are

In a market economy, the question of what, how and for whom to produce are solved by the

The most important attribute of money is

One method through which the central bank can restrict the commercial banks' power of credit expansion is to

1 2 3 4

Study with fewer interruptions on Android

Use Ulearngo on a verified device for smoother past-question study.