Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Friday, 22 November 2024

RegisterLogin

Jamb Economics 2002 Past Questions and Answers

Exam year:
Question type:
Topics:

Jamb 2002 Economics Past Questions

Question 21:


If the growth rate of available resources continuously outpaces that of the population, a country will eventually experience?

A. Maximum population
B. Underpopulation
C. Overpopulation
D. Optimum population


Question 22:


The equilibrium wage in an economy is determined by the?

A. Public service
B. Worker's union
C. Rate of inflation
D. Supply and demand for labour


Question 23:


The Malthusian theory of population growth is often said to be?

A. Ambiguous
B. Oversimplified
C. Pessimistic
D. Optimistic


Question 24:


Improved labour efficiency can be measured by?

A. An increase in output-input ratio
B. An decrease in output-input ratio
C. The constancy of input-output ratio
D. An increase in input-output ratio


Question 25:


As a firm increases its output, the average fixed cost?

A. Tends to rise continuously
B. Remains constant
C. Rises and then falls
D. Tends to decreased continuously






AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy