Welcome to Schoolngr.com

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

RegisterLogin

Jamb Economics 2011 Past Questions and Answers

Exam year:
Question type:
Topics:

Jamb 2011 Economics Past Questions

Question 41:


From the Diagram above, the optimal point of production is

A. R
B. T
C. U
D. S


Question 42:


The average total cost when 20 units are produced is

A. N20.00
B. N23.00
C. N13.00
D. N15.00


Question 43:


When 20 units of output is produced, TC will be

A. N360
B. N300
C. N460
D. N400


Question 44:


The deflationary gap is defined by

A. X
B. K
C. X + K
D. X - K


Question 45:


What does X represent?

A. Recessionary gap
B. GNP gap
C. Inflationary gap
D. Deflationary gap






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