Post Utme Economics Past Questions and Answers

Question 301:

In Nigeria, the body that ensures that its members operate according to their professional ethnics is the ____________

A. MAN
B. NAFDAC
C. SON
D. NPF

Question 302:

The media used for intercommunication departmental include

A. Circulars, advertisement and notice boards
B. Memoranda, circulars and the telephone
C. Memoranda, advertisement and lace-to-face
D. Memoranda, advertisement and the grapevine

Question 303:

One advantage of a crossed cheque is that it can ____________

A. Only be paid into a savings account
B. Be cashed over the bank's counter
C. Only be paid into the owner's account
D. Be cashed by anyone

Question 304:

A production function relates ____________

A. Where the Head of state possesses real power
B. Wage to profit
C. Cost to input
D. Output to input

Question 305:

When the average physical product curve is rising, the marginal physical product is ____________

A. Below it
B. Above it
C. Falling
D. Zero
E. None of the above