Jamb Economics 2010 Past Questions and Answers

Question 46:

• JAMB 2010

The amount of labour hired depends on the

A. Number of skilled labour available
B. Skill of labour
C. Marginal productivity of labour
D. Price of the inputs

Question 47:

• JAMB 2010

What is the population growth rate in 2003?

A. 33.3%
B. 20.0%
C. 11.0%
D. 50%

Question 48:

• JAMB 2010

The percentage of working population in 2002 is?

A. 50%
B. 25%
C. 8%
D. 80%

Question 49:

• JAMB 2010

if \(\bar{x}\) = 6 and N = 6, determine the value of ∑fx

A. 36
B. 12
C. 1
D. 72