💹 JAMB Economics

Free JAMB Economics past questions

Demand, supply, market structures, Nigerian economy for JAMB UTME. 1,217 questions across 30 years (1978–2020).

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2018
32 questions
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34 questions
2016
40 questions
2015
46 questions
2014
39 questions
2013
42 questions
2012
42 questions
2011
40 questions
2010
49 questions
2004
31 questions
2003
54 questions
2002
33 questions
2001
44 questions
2000
34 questions
1999
44 questions
1998
37 questions
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44 questions
1995
49 questions
1994
47 questions
1993
27 questions
1992
44 questions
1991
44 questions
1990
34 questions
1989
45 questions
1988
42 questions
1987
38 questions
1986
39 questions
1985
44 questions
1984
32 questions
1983
47 questions
Sample questions

Recent JAMB Economics questions

Latest 10 sample questions. Use the year browser above for the full collection.

Economics JAMB 2018 Q8 ✓ Answer: B
The number of people who are qualified to work and who offer themselves for employment is called
A
migrant labour
B
working population
C
labour turnover
D
mobility of labour.
Economics JAMB 2018 Q9 ✓ Answer: A
Which of the following is an advantage of localisation of industry?
A
Development of subsidiary firms
B
creation of parallel markets
C
Development of slums
D
Attraction of foreign capital.
Economics JAMB 2018 Q10 ✓ Answer: C
The Economic Community of West African States (ECOWAS) has been slow in achieving its objectives because of
A
the activities of multinationals
B
inadequate personnel at the secretariat
C
political instability
D
inadequate international support.
Economics JAMB 2018 Q11 ✓ Answer: C
Joint ventures are partnership involving
A
the poor and the rich
B
employers and workers
C
government and private investors
D
multinationals and individuals.
Economics JAMB 2018 Q12 ✓ Answer: A
In which of the following business units are the owners mostly the customers?
A
co-operatives
B
limited liability companies
C
partnership
D
public corporations.
Economics JAMB 2018 Q13 ✓ Answer: C
The formula index of export prices x 100, is index of import prices used to measure the
A
volume of trade between countries
B
direction of international trade
C
commodity terms of trade
D
volume of imports. Use the table below to answer question 14. Products Ghana Sierra Leone Coffee 8 tonnes 2 tonnes Cocoa 7 tonnes 9 tonnes [PAGE 48]
Economics JAMB 2018 Q14 ✓ Answer: D
If specialisation should take place, then
A
Ghana should produce coffee and cocoa
B
Ghana would benefit by producing cocoa only
C
Sierra Leone should not produce any of the products
D
Sierra Leone should produce coca and Ghana coffee.
Economics JAMB 2018 Q15 ✓ Answer: D
Which of the following is an invisible item?
A
Petroleum services
B
Processed rice
C
Processed milk
D
Banking services
Economics JAMB 2018 Q16 ✓ Answer: D
The full meaning of OPEC is
A
Oil and Petroleum Exporting Countries
B
Original Petroleum Exporting Countries
C
Organisation of Petrol Exporting Countries
D
Organisation of Petroleum Exporting Countries.
Economics JAMB 2018 Q17 ✓ Answer: D
The main concern of economists is to
A
control the growth of population
B
redistribute income between the rich and the poor
C
satisfy all human wants
D
allocate scarce resources to satisfy human wants.
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