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Economics 2008 Jamb Past Questions and Answers

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Economics 2008 Jamb Past Questions


Question 41 :



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 :



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 :



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 :



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 :



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






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