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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 1 :



A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand


Question 2 :



The arithmetic mean of 5, 8, 10, 15, 24 and 28 is_______

A. 145
B. 15
C. 90
D. 6


Question 3 :



The following are measures of location except________

A. Arithmetic mean
B. Harmonic mean
C. Range
D. Geometric mean


Question 4 :



X 2 3 4 5
F 2 5 2 1


What is the median of the distribution?

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


Question 5 :



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

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






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