2005 JAMB UTME Economics Past Questions

2005

Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level of income?

2005

In the long run, the equilibrium point of a monoplistic firm is a point where the

2005

The regulatory authority of the capital market in Nigeria is the

2005

In a particular year, the sum of the value added in each sector of the economy was N4550 million The amount represents the GNP measured by the

2005

Idle cash balances are held for

2005

A discount house is a market where

2005

A major assumption in a perfectly competitive market is that

2005

Above full employment level, an expansionary monetary policy will lead to a

2005

Localization of industries in Nigeria is mainly influenced by

2005

During a conflict between management and workers, the union's bargaing power is based on

2005

The major contribution of the petroleum industry to the Nigerian economy is the

2005

The short-run inelasticity of supply of agricultural produce causes

2005

Population density is described as the

2005

For a firm to break even in the long run, the marginal cost curve must cut the

2005

Long-run production is called

2005

The distinction between onshore and offshore operations in oil exploration lies in the

2005

Agricultural backward-linkage effect means the establishment of

2005

If the death rate of a country is 52% and the growth rate is 12%, what is the birth rate of the county

2005

The hoarding of goods is usually experienced when

2005

Under perfect competition, the short-run supply curve of a firm is determined by its

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