1978 JAMB UTME Economics Past Questions

1978

Inferior goods are referred to in Economics as goods

1978

The following is NOT a reason for the existence of small firms

1978

When elasticity is zero, the demand curve is

1978

A budget deficit means

1978

Suppose that the equilibrium price of an article is N5.00 but the government fixes the price by law at N4.00, the supply will be

1978

If a company doubles all its inputs and discovers that its output is more than doubles, we can say that the company is experiencing

1978

Which is NOT a direct effort to increase Agricultural production in Nigeria?

1978

Which is an example of an invisible item in the trade Account of Ghana?

1978

A commercial bank is unique in that it is only the institution that

1978

Malthus became famous through his theory which may be stated simply

1978

Which of the following can be regarded as a liability of a commercial bank?

1978

The effect of the demand for product A caused by a change in the price of a product B is called?

1978

Which of the following financial assets consist the lowest rate of interest in Nigeria?

1978

The foreign exchange market is a market where

1978

Price control cannot work in Nigeria because

1978

The biggest source of government revenue in Nigeria is

1978

The Lagos clearing house is

1978

The largest liability appearing in the book of a commercial bank is

1978

Which of the following statements is true?

1978

A Tax which takes a higher percentage from higher incomes is called?

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