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Economics Past Questions


Question 4396:


In the equation Q = a - bp + e; Q and P are ____________ Variables respectively.

A. Constant and dependent
B. Dependent and independent
C. Error term and independent
D. Independent and constant
E. Independent and dependent


Question 4397:


ECOWAS secretariat is located in ____________

A. Abuja, Nigeria
B. Accra, Ghana
C. Conakry, Guinea
D. Freetown, Sierra Leone
E. Monrovia, Liberia V


Question 4398:


Persistent fail In the general price level Is known as ____________

A. Deflation
B. Devaluation
C. General price Increase
D. Inflation
E. Price index


Question 4399:


An economy in which decision of what to produce is taken partly by private individuals and state is referred to as Economy.

A. Capitalist
B. Communist
C. Mixed
D. Socialist
E. Welfarist


Question 4400:


The 2nd National Development plan in Nigeria was between ____________

A. 1962 — 1968
B. 1970 — 1974
C. 1975 — 1980
D. 1980 — 1985
E. 1985 — 1990






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