1979 JAMB UTME Economics Past Questions

1979

Production covers all but one of the following activities:

1979

Which of the following is not true of the theory of optimum population?

1979

which of the following is not true about occupational distribution of the labour force of West Africa?

1979

The central bank controls the activities of other banks by all but one of the following

1979

When the price of a commodity is below the equilibrium price the quantity demanded will exceed the quantity supplied. Such a situation is referred to as

1979

when the demand curve shift to the right it indicate that a larger quantity is demanded at each price. This is caused by one of the following

1979

One of the reason why the condition of supply of a commodity may change is

1979

If two commodities are good substitutes for one another, e.g butter and margarine,an increase in the demand for one will reduce the demand for the other. This type of demand is called

1979

By utility we mean

1979

Division of labour means

1979

Which of the following is not a direct tax?

1979

The principle of comparative advantage or comparativecost is NOT based on one of the following assumptions

1979

which of these alternative is wrong? central banks are

1979

The country will be over populated when

1979

The quantity supplied of a commodity increases best when

1979

opportunity cost is the

1979

Average cost is

1979

Which of the following is not an indirect tax?

1979

Which of these is not usually the function of a wholesaler?

1979

Which of the following type of capital is not rewarded by means of dividends?

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