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Methods And Tools Of Economic Analysis - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Methods And Tools Of Economic Analysis
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Economics Jamb Past Questions


Questions and Answers on Methods and Tools of Economic Analysis

Question 21 :



If the pass mark was 40. how many students passed the examination?

A. 100
B. 120
C. 160
D. 200


Question 22 :



How many student took the examination?

A. 280
B. 240
C. 200
D. 80


Question 23 :



When a generalization is made based on observed facts, it is known as?

A. Deductive reasoning
B. Inductive reasoning
C. Theoretical reasoning
D. Normative reasoning


Question 24 :



If the arithmetic mean of 1,2,3,4,5,6,x, 16 and 18 is 8.0, find the value of x?

A. 7.0
B. 6.0
C. 8.5
D. 8.0


Question 25 :



A scientific approach in economic analysis entails?

A. A deductive method only
B. Both inductive and normative methods
C. A normative method only
D. Both inductive and deductive methods






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