1982 JAMB UTME Economics Past Questions

1982

Economist speak about 'opportunity cost' when a person

1982

Economics is a science which deals basically with

1982

The control price for a carton of beer in Nigeria is N7.20. But a carton of beer is sold in parts of the country for as much N15.00 The cause of this exorbitant price is that?

1982

The supply of and demand for goods and services are influenced by the?

1982

In the study of Economics, land, labour, capital and entrepreneur are referred to as factors of production. These factors produce commodities only if they are?

1982

We can classify the people of Nigeria into three broad age group :Group one, 0-15years ; Group Two,16-64years; Group Three, 65years and above. Group Two is the most important economically because

1982

To calculate the annual natural growth rate of a country's population, one has to know the country's annual birth rate and

1982

Which one of the following functions of banks in Nigeria is reserved to the Central Bank?

1982

The National Electric Power Authority (NEPA) is a?

1982

Who controls a limited liability company ?

1982

A firm whose cost of production decrease as it continues to increase its output is said to be enjoying?

1982

Most firms are financed by share capital. The shares which do not carry any fixed rate of dividend are known as ?

1982

The equilibrium market price is determined at a point where?

1982

some of major problems hindering economic development in west Africa are in the areas of electricity supply, communication, educations and health. These items are known in Economics as?

1982

Taxes which are levied on a person’s expenditures are known as?

1982

The main economic goal of ECOWAS is the attainment of ?

1982

The difference between visible exports and invisible exports of a country, in money terms, is known as the?

1982

The purpose of import duties does NOT include the?

1982

Retailers are greater in numbers than wholesalers because?

1982

Population growth can be calculated as ?

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