Methods and Tools of Economic Analysis - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

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:

• JAMB 2019

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

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

Question 3:

• JAMB 2018

The following are measures of location except________

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

Question 4:

• JAMB 2019

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:

• JAMB 2019

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

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