2006 JAMB UTME Economics Past Questions

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2006

When the federal government guarantees a loan for a state government, such a loan constitutes

2006

The major role of NDIC is to

2006

In computing national income, transfers are excluded because

2006

Personal income tax as a source of government revenue is increased when the

2006

If the marginal propensity to consume is 0.6 and consumption expenditure changes by N10 million, the equilibrium level of income will change by

2006

The burden of a government tax on a commodity whose demand is inelastic will

2006

The Revenue Mobilization, Allocation and Fiscal Commission in Nigeria has the primary responsibility for

2006

The main source of government revenue in Nigeria is

2006

If the Central Bank of Nigeria reduces the bank rate, this will cause

2006

One way of controlling deflation is by

2006

Derived demand is normally used with reference to

2006

A commodity will be demanded only if

2006

If the marginal utility of good X exceeds that of good Y, this implies that

2006

The range of the data 14,13,15,18,20,35 and 13 is

2006

An important determinant of price elasticity of demand is

2006

Choice involves opportunity cost because

2006

A decision on input combination solves the economic problem of

2006

A distribution is said to be positively skewed if it

2006

2006 JAMB UTME Economics Past Questions

When the federal government guarantees a loan for a state government, such a loan constitutes

The major role of NDIC is to

In computing national income, transfers are excluded because

Personal income tax as a source of government revenue is increased when the

If the marginal propensity to consume is 0.6 and consumption expenditure changes by N10 million, the equilibrium level of income will change by

The burden of a government tax on a commodity whose demand is inelastic will

The Revenue Mobilization, Allocation and Fiscal Commission in Nigeria has the primary responsibility for

The main source of government revenue in Nigeria is

If the Central Bank of Nigeria reduces the bank rate, this will cause

One way of controlling deflation is by

Derived demand is normally used with reference to

A commodity will be demanded only if

If the marginal utility of good X exceeds that of good Y, this implies that

The range of the data 14,13,15,18,20,35 and 13 is

An important determinant of price elasticity of demand is

Choice involves opportunity cost because

A decision on input combination solves the economic problem of

A distribution is said to be positively skewed if it

Given that demand and price remain unchanged an outward shift of the supply curve will lead to

A straight line indifference curve indicates that the two products are