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Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Question 111:


A country's budget allocation to various sectors of the economy is shown in the pie chart .
What is the ratio of expenditure of health to Agriculture?

A. 2:3
B. 3:4
C. 4:3
D. 5:4


Question 112:


Which of the following is an invisible item?

A. Petroleum services
B. Processed rice
C. Processed milk
D. Banking services


Question 113:


The population density of a town made up of 50 square kilometer land area and 100 million people is________

A. 50,000 people per square kilometer
B. 2 million people per square kilometer
C. 0.5 million people per square kilometer
D. 20 million people per square kilometer


Question 114:


The establishment of industries in rural areas will help to reduce____________-

A. Urban-Rural migration
B. Rural-Urban migration
C. Rural-Rural migration
D. Urban-Urban migration


Question 115:


The use of income and expenditure instruments or policies to control or regulate the economic activities of a country is known as?

A. Revenue generation
B. Economic development
C. Fiscal Policy
D. Taxation






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