Jamb Economics 2008 Past Questions and Answers

Question 41:

• JAMB 2008

If the active population is 50 million and unemployed is 5 million what is the unemployment rate?

A. 10%
B. 45%
C. 55%
D. 90%

Question 42:

• JAMB 2008

A classroom teacher is promoted to the rank of a principal. This is an example of

A. Vertical mobility
B. Lateral mobility
C. Social mobility
D. Horizontal mobility

Question 43:

• JAMB 2008

In the diagram above, there is an excess

A. Demand for 30 units
B. Supply of 40 units
C. Demand for 20 units
D. Supply of 20 units

Question 44:

• JAMB 2008

From the graph above , point M shows that MC

A. Cuts AC at its minimum point
B. And AC rises simultaneously
C. Cuts AC at its maximum point
D. Is falling

Question 45:

• JAMB 2008

From the shaded area of the diagram above, an appropriate population policy will be to

A. Encourage early marriages
B. Discourage immigration
C. Discourage polygamy
D. Encourage the use of contraceptives