Post Utme Economics Past Questions and Answers

Question 506:

A movement along the supply curve is the same thing as ____________

A. A shift of the supply curve
B. Change in quantity supplied
C. A change in quantity demanded
D. All of the above

Question 507:

A shift in demand I a change in the ____________

A. Quantity demanded
B. Price
C. Demand and supply
D. Quantities demanded at alternative prices

Question 508:

In economics “ceteris paribus” means ____________

A. Winner takes all
B. Equilibrium
C. All other things being equal
D. God willing

Question 509:

The Apex Bank in Nigeria is a ____________

A. First bank
B. Central Bank
C. Zenith bank
D. Union bank

Question 510:

Income per head of population is called ____________

A. Head income
B. Gross national income
C. Gross national product
D. Per capita income