Economics Past Questions | JAMB

Study the following Economics past questions and answers for JAMBWAEC  NECO and Post-JAMB. Get prepared with official past questions and answers for upcoming examinations.

61.  A group formed to enable members adopt a common policy in labour negotiation is known as?

  • A. Employer’s association
  • B. Craft Union
  • C. Trade union
  • D. Employee’s union

62.  One of the major forms of migration that tends to create problem in all developing countries is that of___________

  • A. Rural-urban migration
  • B. Rural-rural migration
  • C. Urban-rural migration
  • D. Seasonal migration

63.  When a union is composed of workers with the same skill , it is called____________

  • A. An industrial union
  • B. A workers union
  • C. A craft union
  • D. A technical union

64. 

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From the table, the mean of the distribution is___________

  • A. 2.2
  • B. 2.5
  • C. 3.2
  • D. 4.5

65.  The bank type responsible for the formulation of rules and regulations guiding the banking industry is known as?

  • A. Commercial bank
  • B. Central bank
  • C. Mortgage bank
  • D. Merchant bank

  66.

From table, how many people scores above 6?

  • A. 25
  • B. 24
  • C. 5
  • D. 30

67.  The following are types of capital except:___________

  • A. Current capital
  • B. Saving capital
  • C. Working capital
  • D. Social capital

68.  The population density of a town made up of 50 square kilometer land area and 100 million people is________

  • A. 50,000 people per square kilometer
  • B. 2 million people per square kilometer 
  • C. 0.5 million people per square kilometer
  • D. 20 million people per square kilometer

69.

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Given the table, if the total budget of the country to be 100 million naira, what is the ratio of expenditure on manufacturing to agriculture?

  • A. 1:2
  • B. 3:2
  • C. 2:1
  • D. 2:3

 70.

The policy by which government encourages producers of export goods to produce and export more in order to earn more foreign exchange is called__________

  • A. Sales promotion
  • B. Term of trade
  • C. Export promotion
  • D. International trade

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