2002 JAMB UTME Economics Past Questions

2002

One of the reason for an exceptional demand curve is the?

2002

A shift in supply curve indicates that a different quantity will be supplied at each possible price because?

2002

A student has N30.00 with which to buy a ruler costing N18.00 and an exercise book costing N25.00. If he buys the exercise book, his opportunity cost is?

2002

The demand for factors of production is an example of?

2002

The elasticity of supply of perishable goods is?

2002

National Income estimates can be used to?

2002

The stock exchange is a market for the buying and selling of?

2002

The solution to the problem of double coincidence of wants requires a buyer and seller whose demands are precisely?

2002

In a centrally planned economy, the economic problem of deciding what to produce is dependent on?

2002

A scientific approach in economic analysis entails?

2002

Liquidity preference refers to the?

2002

Insurance companies invest mainly in instruments trade on the?

2002

In a closed economy, the marginal propensity to consume is 0.6 and the average propensity to consume 0.8. The value of the multiplier is?

2002

If the country's GNP in the current year is N50 billion, and the GNP in the base year N50 billion, the GNP deflector is?

2002

In Nigeria, the bank that can correctly be described as a unit bank is?

2002

If the growth rate of available resources continuously outpaces that of the population, a country will eventually experience?

2002

The middlemen in the chain of distribution are?

2002

Excess demand inflation can be controlled through?

2002

The primary objective of the NDIC is to?

2002

Creeping inflation implies that there is a?

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