1981
If a commodity has many substitutes, it is most likely that?
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1981 JAMB UTME Economics Past Questions
1981
Elasticity of demand is given by
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1981
Which of the following is NOT a visible item on international trade payment?
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1981
Prohibiting the sale of lace materials in Nigeria would probably lead to?
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1981
Which is NOT an important factor responsible for high concentration of population in some part of Nigeria?
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1981
An economy in which both the public and the private sectors contribute substantially to the growth of output is?
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1981
Government budget can be described as the sum of?
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1981
An equilibrium price?
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1981
An increase in the price of butter causes an increase in the demand for margarine. This indicate that butter and margarine are?
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1981
Which of these statement is NOT true of economics as a discipline?
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1981
The most basic concern of economists is to?
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1981
Given the international trade statistics of Nigeria for the past 6 years, which of these statements would you consider to be correct?
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1981
Inflation is likely to benefit?
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1981
If the income of a consumer rises and his demand for good X falls, good X can be described as
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1981
One of the probable effects of an increased minimum wage in Nigeria is?
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1981
unlimited liability means?
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1981
When a nation’s exports are greater than its imports
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1981
Progressive income tax can be expressed as
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1981
Opportunity cost is best defined as?
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1981
Which of the following is NOT a characteristic of perfect competition?
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