2014
What is the name of the combined economic condition in which persistent inflation occurs with high unemployment and weak economic growth?
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2014 JAMB UTME Economics Past Questions
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2014
In the basic Keynesian classification of money demand, the main factor influencing the precautionary motive is:
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2014
Use a simple two-sector income model with no government or overseas sector. Consumption C = (2/3)Y, with no separate fixed consumption amount, and investment is ₦100 million. At equilibrium Y = C + I. What is national in…
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2014
Which of the following can be used to measure the Gross National product in an open economy?
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2014
A major feature of an underdeveloped economy is
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2014
Which listed obstacle to development of the Nigerian economy concerns unsuitable government decisions and rules, rather than investment levels, movement of people, or dependence on one sector?
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2014
Wage freeze is a policy measure aimed at
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2014
Given a base year and the price index of 175% the following year, which of the following year will arise?
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2014
Short-term loans for investment are usually obtained through the
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2014
The major contribution of OPEC to the Nigerian economy is the
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2014
One major factor that determines the location of an industry is
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2014
A major disadvantage of localization of industry is
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2014
An advantage of large-scale farming over peasant farming is in the area of
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2014
An important role of agriculture in Nigeria's economic development is the
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2014
An accurate census figure is an important tool for planners in
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2014
In a primary co-operative society, voting power on a one-member, one-vote basis belongs to the whole group of
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2014
A flour producer buys a business at an earlier stage of its supply chain. As part of this vertical integration, it replaces two small production units with a larger, more efficient plant. The cost of making each bag of f…
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2014
The short-run average variable cost of a firm will rise owing to
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2014
The loading of crude oil at the terminal is an activity in the
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2014
The major determinant of the total volume of output in an economy is the
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