Economics Past Questions for JAMB, WAEC, NECO, POST UTME

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Economics Past Questions

Question 4701:

JAMB 2022

Increasing national income without effective control of population size in a country can lead to

A. Higher per capita income
B. Increase in poverty
C. Increased outflow of aid
D. Underutilization of resources

View Answer & Explanation

Question 4702:

JAMB 2022

An example of commodity money is

A. Currency note
B. Mobile money
C. Cheques
D. Silver

View Answer & Explanation

Question 4703:

JAMB 2022

If inflation is anticipated, people may

A. Save more money
B. Spend more money
C. Give out more loans
D. Spend less money

View Answer & Explanation

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